compensation Plan Outline, business and finance homework help

Using the company Walmart, evaluate the company’s compensation plan to determine how it could be improved.

Write a six (6) 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 compensations 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 four (4) quality references. Note: Wikipedia and other

Websites do not qualify as academic resources.