Variable Pay Program Analysis Memo
Step 2a) Assume you have been assigned the task of hiring a senior management resource for an important project. You are sorting your applicant list and find that many are suitable for the job. You want to ensure that your recruit is adequately skilled and builds a lasting relationship with the organization. You have decided to use the variable pay program in the recruitment process.
Step 2b) Click on the Grading rubric to the right to see how you are evaluated.
Step 3) For 140 points, write at least at least a 700-word memo with a minimum of 2 different peer-reviewed sources. You must address the following topics below using the subject header provided in bold:
Section 1- Comparison of 3 Sub-Plans- (<–this is a section header) Compare the 3 sub-plans (high-risk, standard, and low-risk) under the hiring and variable pay program.
Section 2- Negotiating Plan with New Recruit Starting Salary- (<–this is a section header) Summarize your approach for negotiating the starting salary of your recruit basis the standard and the low-risk plan.
Section 3- Impact on Job Offer Acceptance Rate- (<–this is a section header) Analyze whether your suggested hiring and variable pay program is likely to impact the job offer acceptance rate.
