Development IV Compensation Compensation Plan Sherry Martin HRM/531 In today’s challenging and unpredictable economic market, companies are trying to redefine sales strategies, incentives, and pay compensation. Labor commands a high level of overhead for a company; therefore, pay policies, benefits, and compensations are critically important to be evaluated closely because it affects the livelihood and lifestyle of all workers. Ideally, an effective and sound sale compensation plan enables the
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InterClean Job Analysis and Selection Human Capital Management HRM/531 May 3, 2010 InterClean, Inc. recently has merged with EnviroTech thus placing the organization in a position to be in command of the cleaning industry. The organization is moving in a new strategic direction with focus on not only offering cleaning products, but also providing full-service cleaning solutions to the health care industry. New members of the sales team will selected and a development plan created. A job analysis
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Compensation Luis A Galloza University of Phoenix Human Capital Management in Puerto Rico HRM/571 PR December 21, 2011 Marta Angeli Rivera, PH-D. Compensation Compensation is everything the employee values and want and what the employer is able to offer in return for the contributions of the employee (Cascio 2006). This compensation system is composed of financial and non-financial incentives. Financial compensation are direct payments (wages) and indirect payments (benefits)
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With the merger between InterClean, Inc. and EnviroTech, Inc. complete, it is now time to select a new sales team that supports the vision of the new strategic direction. The company will no longer sell only cleaning products, but will also provide full-service cleaning solutions for organizations within the health care industry. With that said, the new sales team will not only be comprised of a diverse group of employees pooled from both companies, but will also consist of those who best fit the
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Career Development Plan Part I Megan Butler February 22, 2010 David Spencer, InterClean’s CEO, believes that for the company to remain a major competitor in the sanitation industry, it must meet the new regulations and change their selling point from high quality cleaning products to customized solutions. The merger of Inter-Clean and Envirotech has given the company a new strategic direction in the industrial cleaning service industry. Inter-Clean will begin selling solutions and services
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Running head: INTERCLEAN BENCHMARKING PAPER INTERCLEAN BENCHMARKING PAPER Great Team University of Phoenix InterClean Benchmarking Today's organizations thrive on benchmarking to find best practices or solutions to a company's problems through outside industries or companies. This paper highlights some of those issues focusing on how other companies have implemented plans to handle those issues. The issues facing InterClean highlighted in this analysis are human resource philosophy
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can determine the moral within a company and the growth of its employees. At InterClean Inc. it’s important to remember as a manager our job is to create a conducive workspace for people to be productive and task orientated. Some use this forum to over practice methods that don’t belong or should not exist in a working environment. Management is a key and integral part of any organization. We look to mangers to plan on meetings, determine goals, and delineate tasks throughout the work group or
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Compensation Plan When it comes to the compensation plan that the company provides is hopefully a good plan. “It is no exaggeration to say that for most firms, benefits represent substantial annual expenditures” (Cascio. (2005). Chapter 12, p.464). So, it takes time to come up with a good or “decent” compensation plan. For the new team that has been developed in the InterClean, there has to be some good benefits for them to want to stay with the company. There are four laws that the
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Career Development Plan Part 1-Job Analysis and Selection Career Development Plan Part 1-Job Analysis and Selection The recent merging of InterClean, Inc. and EnviroTech, Inc will enable the new company to expand its markets into an industry leader with its resources of the two company’s becoming one. The strategic direction of the company is to become one of the first all-inclusive service of a full spectrum cleaning services and solutions, this will align with the industry’s direction
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