Your team is consulting with a local manufacturing company that has 1,200 employees and is the third largest employer in the area. When averaging all of the manufacturing employees’ salary divided by the market midpoint, the organization has a 0.90 compa ratio, meaning that on average employees earn 90% of the market rate. Using the current sales and profit trend, the company has the ability to increase compensation spending by 4% annually for the next three years.
Your firm has been asked to propose a “increasing base pay” approach for management to consider:
Create a 2-slide PowerPoint which you:
1) Slide 1: Propose a plan for the approach. (Bullet Point are recommended)
2) Slide 2: Make a final recommendation. (Bullet Point are recommended)
3) Include graphics and speaker notes on each slide that script what would be said if this information were to be presented in person. (Bullet Point are recommended)
4) Support your points with at least one source (Citations according to APA guidelines)
5.) Add a 3rd Slide with References to Citations