Pay for Performance Options Report (HR Analytics)
As a consultant for Berry Sweets, your goal is to submit to the company some options for pay for performance. They have specifically asked if you can create the following and give projected costs for the upcoming year.
An incentive plan for bringing in new clients
Create an end of project bonus
Group incentive plan
An annual profit sharing plan
Individual performance based pay increases dependent on the employees rating.
One option that you suggest.
In your reports, review the costs and give the pros and cons to each plan.
Submit to the company some options for pay for performance. In your reports, review the costs and give the pros and cons to each plan.
