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COMPENSATION AND BENEFIT ANALYSIS 2022

   

Added on  2022-08-25

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Running head: COMPENSATION AND BENEFIT
1
Compensation and Benefit
Student Name
Institutional Affiliation
s
COMPENSATION AND BENEFIT ANALYSIS 2022_1

COMPENSATION AND BENEFIT 2
Compensation and Benefit
Role of Compensation in producing behavior in Simply Literature Production Company
Variables Analysis Recommendation(wha
t must be done to
improve)
Justification other
Business
strategy
High-quality
product
100 percent
customer
services
Meet customer
specification
Identify the company’s
top compensation plan
that identifies strategic
objectives. It should
reward and recognize
the company’s top
strategic objectives
Strategy needs to
direct
High role
Size Medium sided
production
company
Develop a long term
plan for the company
Moderate role Open other
stores to allow
customers get
products from
their localities
without having
to travel to the
main store.
This will result
COMPENSATION AND BENEFIT ANALYSIS 2022_2

COMPENSATION AND BENEFIT 3
to business
expansion
Train more
workers to
become skillful
and increase
quality of
goods and
services
Technology Binding
materials
Cover stock
High-grade
paper
High role Introduce
technologies in
their system
such as online
marketing to
reduce the
travelling by
sales
employees and
instead reach
several
customers
through e-
commerce.
COMPENSATION AND BENEFIT ANALYSIS 2022_3

COMPENSATION AND BENEFIT 4
Offer
incentives for
sales personnel
for the tiring
work they do.
Introducing or
hire more
specialties in
accounting,
human
resource and
marketing to
handle in most
of the task to
enable smooth
running of the
company.
Workforce 120 employers
in production
Few
supervisors
Several sales
Review the roles of all
employees and their
responsibilities
Develop a viable
communication
High role The company
should employ
other workers
such as
supervisors,
COMPENSATION AND BENEFIT ANALYSIS 2022_4

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