Assignment title: Information
You have recently been appointed as a compensation manager in your company. In line
with the HR department's vision to move from a job-based to a more performance-based
compensation structure, the HR Director asks you to develop a comprehensive plan where
you will have to specify the followings:
1. To identify the benefits and the risks of a performance-based compensation system
for the organization. Your HR Director asked you to read three scientific papers
about this specific issue and come up with a good synthesis.
2. To explain the components of your new compensation system.
3. To draft an action plan for the implementation of your new system (for each stage
you will identify the action, when and how it will implemented as well as the
resources that you might need)
4. Prepare a short note (10 lines) to be submitted to the Board of Management where
you explain how moving from a job-based to a performance-based compensation
system will help your organization attract and retain key talent.