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Assignment 2: Compensation Plan Outline Due Week 8 and worth 300 pointsUsing the same company you researched in Assignment 1, evaluate the
company’s compensation plan to determine how it could be improved.Write a six to eight (6-8) page paper in which you:Evaluate the existing compensation plan to determine if it is the most appropriate for your company. Explain your rationale.Determine the most beneficial ratio of internally consistent and
market consistent compensation systems for the company you selected.Evaluate the current pay structure used by your company and assess the recognition of employee contributions.Make two (2) recommendations for improving the effectiveness of the discretionary benefits provided by the company you selected.Evaluate the types of employer-sponsored retirement plans and health
insurance programs provided by the company you selected and compare
them to that company’s major competitors.Use at least three (3) quality references. Note: Wikipedia and other websites do not qualify as academic resources.Your assignment must follow these formatting requirements:This course requires use of new Strayer Writing Standards (SWS).
The format is different than other Strayer University courses. Please
take a moment to review the SWS documentation for details.Be typed, double spaced, using Times New Roman font (size 12), with
one-inch margins on all sides; references must follow SWS or
school-specific format. Check with your professor for any additional
instructions.Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the date.
The cover page and the reference page are not included in the required
page length.

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