Alabama A & M University Compensation Plan Foundations of Business Discussion
Question Description
write a one-page paper on the topics below and the salary spreadsheet. You will find more details on the spreadsheet that is atached.
For this business, Medical A, there is a list of the current Montana sales team. Each employee is named.
Your task is to distribute an average of 3.2% increase in salary. Take the total of all the salaries and increase it by 3.2%. This will give you the money you have to distribute between the 10 employees.
I’d like you to come up with 3 ways to distribute it and be prepared to write about the pros and cons of each.
Additionally, consider different ways to incent employees. How can wages differ and why do businesses chose hourly versus salary? Bonuses etc.? What other things motivate employees?
Foundation of Business, 6th Edition
In the text, this content is explained, basically, in section 9-6.
Have a similar assignment? "Place an order for your assignment and have exceptional work written by our team of experts, guaranteeing you A results."