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Trihealth

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Submitted By bgonzalez07
Words 991
Pages 4
A significant reward and compensation system will no doubt take into account various gratitude opportunities, which include employees’ recognition in entire organizational level for good performance, and expanding annual winners circle. Furthermore, the system will be instrumental for it will include an array of quality performances and enhance employees’ morale in line with the company’s mission and vision statements (Griffin and Moorehead, 2012).
Purpose statement
To construct and design a project charter that will help the company in revamping employees’ compensation and benefit package. The new package should have the ability to recognize the efforts and dedications of the company’s staff in a way, which supports it values, mission, and priorities.
Goals:
 Create a compensation and benefit plan that is sustainable, consistence, and visible applied across the company and connects staff in a way that:
 Motivates high individual productivity levels,
 Exacerbates the quality of work,
 Supports an inclusive and a positive working environment, and
 Reinforces work efficiency.
 The plan will incorporate employees’ feedback, which will provide direction on how their compensation and benefits should function.
 Categorize the type of results and scale of performances the company ought to achieve after enrolling the new benefits and compensations system.
 Develop manageable benefit and compensation system, which the company can easily adjust to basing on its resources.
Deliverables:
 Plan and recommend compensation and benefit system, which contributes to continuity, equity, and consistency of competencies and performances in the company.
 Based on the company’s core policies, values, and performance record, define eligibility for the new compensation and benefit system.
 Design a system that is flexible to adapt by different departments within

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