Why internally consistent compensation system is necessary


Essay Assignment

Imagine that you are the human resources (HR) manager at a small start-up company, and your company has just been awarded a new contract that is requiring a huge increase in the organization's workforce. As a result, you have been asked to outline the process that you will use to develop an internally consistent compensation system and present it to the owners of the company for approval.

Create a two-page essay in which you address the following issues:

a) the reasons why an internally consistent compensation system is necessary and
b) the process involved in creating an internally consistent compensation system.

Make sure that your essay includes enough information to convince the owners that the time, effort, and manpower that this process will take will be worth it to the company in the long run.

Format your assignment according to the following formatting requirements:

(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

(2) The response also includes a cover page containing the title of the assignment, the student's name, the course title, and the date. The cover page is not included in the required page length.

(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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HR Management: Why internally consistent compensation system is necessary
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