Auburn University Main Campus Contrasting Two Different Compensation Systems HW The two different companies are publix, and the airforce Your paper will b

Auburn University Main Campus Contrasting Two Different Compensation Systems HW The two different companies are publix, and the airforce

Your paper will be a contrast of two different compensation systems, including any pay-for-performance programs, at two different companies. The emphasis in your presentation will be on deciding which of the companies did a better job of supporting organizational strategies and goals and addressing employee and company performance objectives with its pay system. Your paper should include the following sections:

1) A BRIEF description of each company, including their products/services, markets, and missions/strategies,

2) A description of the performance metrics that the companies use to evaluate their success including metrics used to evaluate corporate, location, team, and especially, individual success (which is most likely to be found in the performance appraisal system).

3) A description of how the organizations establish the internal equity of their total compensation systems (which includes benefits) and what method of job evaluation, if any, is used to do this. Answer the question, “How and why do the organizations decide that some jobs are paid more than other jobs in the organizations?”

4) A description of how total compensation (which includes benefits) at each organization compares to that of their labor markets. Answer the question, “For which jobs, and why, do the organizations lead, lag, and match the compensation paid in their labor markets?”

5) A description of any variable or performance-based compensation (which may include benefits) used by each organization. These may include sales commissions, merit raises, monetary incentives, various types of bonuses, etc, and may be applied to individuals, teams, locations/stores, or the entire organization.

6) An analysis of how well the companies support and drive their missions, goals, strategies, AND KEY PERFORMANCE METRICS, through the design and implementation of their total compensation systems. Be sure to address a) how the job hierarchy in terms of pay supports these, b) how market-based pay decisions support these, and especially c) how variable, performance-based pay supports these. THIS SECTION IS THE MOST IMPORTANT SECTION OF THIS PAPER AND, THEREFORE, SHOULD BE THE MOST COMPREHENSIVE. Note that your team should probably edit previous sections of this paper based on feedback from the instructor, but only this section contains any completely new writing in this assignment.

SIMPLY COMPARING RATES OF PAY FOR DIFFERENT JOBS AND THE NUMBER AND TYPES OF BENEFITS OFFERED BY EACH ORGANIZATION DOES NOT ADEQUATELY ADDRESS THIS ASSIGNMENT. IF THERE IS NOT A COMPREHENSIVE ANALYSIS AS DESCRIBED IN #6 ABOVE, YOU WILL EARN A LOW SCORE ON THIS ASSIGNMENT. THE CRITICAL QUESTION IS NOT, “WHICH COMPANY HAS THE HIGHER PAY AND MORE BENEFITS?” RATHER, THE CRITICAL QUESTION IS, “WHICH COMPANY DOES A BETTER JOB OF ‘PUTTING THEIR MONEY WHERE THEIR MOUTH IS’ BY ACTUALLY SUPPORTING WHAT THEY SAY THEY VALUE THROUGH THEIR COMPENSATION SYSTEMS?”