Compensation, Benefits, Reward & Recognition Plan for V.P. O
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Compensation, Benefits, Reward & Recognition Plan for V.P. Operations Resource: Blossoms Up! Case Study and Measure Compensation’s ImpactPart of Smith’s idea for Blossoms Up! strategic organizational objectives is the creation and hiring of a Vice-President of Operations. The position will oversee the company’s transformation to a high-technology entity in all phases of the business. Based on the job description completed in Week 1 and considering other factors that should be included in total rewards for this position complete the following:Discuss the Week 1 deliverable job description for the position as a team.Design an executive compensation package for this position linked to this strategic organizational objective.Include the four general components of executive compensation:Base range salaryStandard employee benefit plansSupplemental short- and/or long-term incentive compensation plansPerquisitesInclude components for rewards and recognition.Demonstrate creative suggestions based on emerging trends and issues in total compensation.Write a 1,050- to 1,400-word Compensation, Benefits, and Reward & Recognition Plan for the Vice-President of Operations written in the third person voice.Format your executive compensation package consistent with APA guidelines.Use headings to appropriately signal the topics and keep your document organized.Use a minimum of five in-text citation sources within your paper and identify them in your APA correctly formatted References page.
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