Example of compensation systems

Example of compensation systems

Example of compensation systems

Read the three example compensation systems below. Discuss one of these system to demonstrate your knowledge and understanding of a compensation system, of financial and nonfinancial components of such a system, and explain how the system you chose connects to employee engagement and motivation.

System One:

Salary plus possible annual performance bonus, paid medical and dental insurance for employee, tuition reimbursement of $5,000 per calendar year

System Two:

Salary, medical and dental insurance for employee, spouse or domestic partner and children, on site workout facility, 12 PTO days per year, conference reimbursement with approval to two conferences per calendar year

System Three:

Commission based pay, on site café with one free meal per day and unlimited free coffee, on site dry cleaning pick up and drop off, 6 paid days off per year to use for volunteer work

You must proofread your paper. But do not strictly rely on your computer’s spell-checker and grammar-checker; failure to do so indicates a lack of effort on your part and you can expect your grade to suffer accordingly. Papers with numerous misspelled words and grammatical mistakes will be penalized. Read over your paper – in silence and then aloud – before handing it in and make corrections as necessary. Often it is advantageous to have a friend proofread your paper for obvious errors. Handwritten corrections are preferable to uncorrected mistakes.

Use a standard 10 to 12 point (10 to 12 characters per inch) typeface. Smaller or compressed type and papers with small margins or single-spacing are hard to read. It is better to let your essay run over the recommended number of pages than to try to compress it into fewer pages.

Likewise, large type, large margins, large indentations, triple-spacing, increased leading (space between lines), increased kerning (space between letters), and any other such attempts at “padding” to increase the length of a paper are unacceptable, wasteful of trees, and will not fool your professor.

The paper must be neatly formatted, double-spaced with a one-inch margin on the top, bottom, and sides of each page. When submitting hard copy, be sure to use white paper and print out using dark ink. If it is hard to read your essay, it will also be hard to follow your argument.