Module 04 Compensation Project – Benefit Plan

Now that you have your job description, job analysis, and basic pay structure created for your new position, starts to take a look at the benefits you will offer this employee. For this part of your project, continue to build on your compensation plan. You will do this by designing a benefit and incentive plan. This piece of the project should include the following:

• Design an incentive program and apply to your job analysis and description.
• Plan and create a detailed discretionary benefit plan and integrate the plan into the newly created position.
• List the main benefits to the employees and costs of legally requiring benefits for employees.Â

This part of your project should be 2-3 pages and in APA format.