HRM 324 Week 5 Learning Team Total Compensation Plan

Resources: Assigned readings, Virtual Organization: Riordan Manufacturing, ERRs, the Internet, and other resources

Create a 1,200 – to 1,500 -word total compensation plan for Riordan Manufacturing. Your plan should address the following details:

· How your plan supports key objectives

· An evaluation of current trends and issues in total compensation and a prediction of future trends

· Internal and external equity

· A wage management process and rationale

· A retirement plan and how participation will be driven

· The influence of the organization’s financial condition on the total compensation plan

· How your plan will be communicated to leadership and employees

Create a Microsoft® PowerPoint® presentation of 12 to 15 slides that outlines the plan’s key components, and its stated requirements and objectives.

Format your paper consistent with APA guidelines.

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