BUS 409 Week 8 Assignment 2, Compensation Plan Outline

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BUS 409 Week 8 Assignment 2, Compensation Plan Outline

The most beneficial ratio of internally consistent and market consistent compensation for Comcast is 1:1. Internal consistency is the extent to which tests or procedures assess the same characteristic, skill, or quality for all employees. It creates the structure of the company. The employees also see themselves as being paid (and treated fairly).  An internally consistent system allows Comcast to pay its employees based on their qualifications and responsibilities. On the other hand, they believe someone with less experience should be ….differently. An internally consistent compensation plan has the potential to benefit the company in the short term (reduce turn over) and long term. For example, Comcast…………Continued

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