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Compensation Package Essay

774 words - 4 pages

{draw:rect} A compensation package is vital for retaining excellent workers. Workers are appreciated for all the hard work they have done. In order to reward excellence and hard work, awell and balance compensation package which is competitive and better than our competition. InterClean’s new a compensation program is sufficient benefit package program. All sales staff is paid a base and a commission. The base salary is determined length of service, education, and performance. Commission percentage is based on how much is written for one month and for the quarter and for the year. The first ten thousand written is ten percent commission and the percent graduates every ten percent per ...view middle of the document...

Company car is available after six months of service at no charge. Luxury import car available when exceeding companies goals. Free savings and checking, and direct deposit available for sales and service staff. More benefits, bonuses, and perks are available when company’s goals are accomplished at the end of the year. Employees have the tendency to stay and work here longer because of these benefits. Compensation benefit package is available to those who have employed for fifteenyears or longer. Benefit package includes IPO’s is available for all who have started with InterClean. Company stock options and profit sharing areavailable upon retirement. Long-term carepaid by company. Mental, medical, dental and vision insurance are paid by the company. Disability insurance and accidental insurance provided by the company’s expense. In addition, tickets to all professional sporting events are available for free and other art exhibits and concerts provided by Atlanta Symphonic Orchestra are paid for life provide by InterClean. The three components of a total reward system includes, fairness, honest, and loyalty. The CEO has unlimited amount of perks and benefits available fromhim. It is only fair to say that he has the highest position available to this company. Likewise, the sales manager receives many perks, but not as many as the CEO. Sales staff...

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