Compensation Plan for Kudler Fine Foods
The recommendation of Kudler Food's compensation plan will include components of the following:
a) The job analysis using the job position and new job descriptions.
b) The job design which includes the job based and person based assessment.
c) A discussion on the competitive compensation rates in the market.
d) Performance evaluations at each level within the organization.
Prepare a response that discusses how the components of the recommended plan helps Kudler achieve its new strategy. Describe the message that a compensation strategy conveys to employees. Also recommend an administration approach for Kudler¡¦s Human Resource Functions. This discussion should include how the recommended compensation plan will be carried out and implemented within the Kudler Foods organization.