Compensation and Benefits Administration You just finished analyzing information for the current compensation and benefits program information. You find that some changes should be made, as the majority of employees (you have 120 employees) are unhappy with what is being offered. In fact, the plan had not been revised in over fifteen years, making it dated and definitely ready for some changes. Here is the current PTO offering 1+ year 7 days 5+years 10 days 10+ years 14 days. Please assist with the following questions. Propose a new plan for the board of directors. The plan should be in the form of a table (spreadsheet), including PTO and other employees.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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Compensation and Benefits Administration

You just finished analyzing information for the current compensation and benefits program information. You find that some changes should be made, as the majority of employees (you have 120 employees) are unhappy with what is being offered. In fact, the plan had not been revised in over fifteen years, making it dated and definitely ready for some changes.

Here is the current PTO offering

1+ year

7 days

5+years

10 days

10+ years

14 days.

Please assist with the following questions.

  1. Propose a new plan for the board of directors. The plan should be in the form of a table (spreadsheet), including PTO and other employees.
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