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Tuesday, February 19, 2013

Interclean, Inc. Merger: Compensation Plan

InterClean, Inc. Merger:
Compensation Plan
Willie Beasley
University of Phoenix
HRM/531
November 9, 2009

InterClean Inc., Compensation Plan

Summary
As InterClean continues to incorporate and the EnviroTech separate into the ranks it is important to obtain to analyze the earnings package that is offered to tout ensemble employees at InterClean, Inc. “Compensation which includes direct cash payments, indirect payments in the form of employee benefits, and incentives to motivate employees to strive for higher levels of productivity, is a overcritical component of the employment relationship” (Cascio, 2005, p. 411). Effective January 1, 2010, InterClean entrust begin to implement a pay for military operation plan that will be used in conjunction with the end of the stratum evaluation. The pay for performance plan will be constitutional to the success of the company and will be successful because it encourages employee’s productivity by rewarding their performance with high compensation standards.
hold for Performance Plan
Compensation is the largest part of InterClean’s direct cost and as such it is crucial for InterClean to try and calumniate the cost and maximize their profits. The best steering to accomplish this undertaking is to implement a pay for performance plan for the sales team at InterClean.

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This will be the best way to encourage peak performance and at the same cartridge holder reward those employees that excel in the company’s performance goals. The pay for performance plan will be use in the following ways: base salary, merit increases establish on performance evaluation, and profit sharing.
Base Salary
Each trading will be rated and based upon that rating each logical argument will be assigned a pay grade. Pay grades will be implemented as follows:
& tinkers damn; train 1 – Entry Level Sales
Salary Range $31,000.00 – $35,000.00
• Level 2 – Intermediate Sales
Salary Range $36,000.00...If you need to get a full essay, order it on our website: Orderessay



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