Total Compensation for Duplox Copiers Canada Limited

Running head: TOTAL COMPENSATION 1
Total Compensation
Your Name
Name of Institution

TOTAL COMPENSATION 2
Total Compensation
Performance Pay for Duplox Copiers Canada Limited
This is a strategy by which assessment of individuals and their organizations majorly
influence payment and bonuses given to employees, (Passing the big test: Calibrating
performance). Yes, I will have a performance pay program which will comprise of the
following;
Setting the culture which supports performance pay programs and management that is
ready to change towards performance pay. Setting goals for performance pay such as improved
recruitment and employee retention in the technical service department, increase the rate of
individual and employee performance and lastly improve fairness in compensation to achieve
employee satisfaction.
Who to pay for performance. All employees who work hard to attain good results will
receive a salary increment, employees at the top levels like the sales managers and employees
who are at the frontline like the technical service specialists
The timing for performance pay implementation. This will be done at different stages
where employees who do exemplary work are rewarded for example in the technical service
department. Other performance pay will be added on salaries of the technical service workers at
the end of the month
What to reward. Department such as accounting, finance and the technical service
department which perform better. All individuals who worked as a team to get exemplary results
will be rewarded.

TOTAL COMPENSATION 3
How the employees will be rewarded. The employees will be evaluated and if they
perform better, for example, the technical service specialists on their specific activities then there
will be an increase in term of their base pay. The pay to be awarded upon performance whereby
performance pay rate will be 30 per cent of their individual salaries.
This program will help Duplox Copier Canada limited in tailoring the employees towards
achieving the organization's mission and goals. This program will enable the poor performers to
be persuaded to attain more results so as to get better rewards and this will benefit the
organization. The average performers will end up receiving a small amount of increase and they
will be persuaded by this program to do exemplary work and in return, help increase the
organization's productivity, (Springer, 2009). The employees with outstanding performance will
end up receiving great rewards so as to acknowledge their larger contribution and this will
motivate them to continue with their superior performance. It also helps in improving the
individual performance and effort which in return improves performance, (Nikolaou 2015).
Indirect Pay Program
Indirect payments are the benefits which are given to the employees which have financial
value but is not in monetary form, (the United States, 2013). This program will help in attracting
and retaining talented employees. What to include in the indirect pay program include: Health
insurance, life insurance of employees, the retirement benefits, social security, laptops, company
cars, mobile phone for the company, housing benefits, leave policy and leave pay, overtime
payments, flexible working hours and childcare, (Hopkins &Blazek 2017).