5 Point Plan

May 2009
Employee Benefit News;May2009, Vol. 23 Issue 6, p32
The article discusses the steps involved in developing long-term total compensation plans. The entry notes that employers should take inventory of their existing employee and retiree population by looking at staffing situations, demographics and talent depth. The section cites that base pay and grades should be linked to performance and matched with business operations. It mentions that employers should consider a health plan that is reasonably priced and reflective of the company's commitment to health care.


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