Research Paper on:
A Compensation and Rewards Program Proposal for a Small Business

Unformatted Sample Text from the Research Paper:
type of employees they want to attract, what the pay scale is in the industry and what the companys personal mission is. There are firms which can afford to pay  a great deal of money and others that struggle to compete but can offer a better benefits package. While pay scale is certainly a prominent consideration for any executive designing  a plan for his or her company, there are other factors that need to be considered as well. While a firm should certainly consider market forces when designing plans  to attract both entry level and management personnel, once an individual is on board, how does a company go about keeping the employees happy? In todays day and age there  is no stigma attached to upwardly mobile executives who jump from one company to another. They go from place to place in search of more prestige, more money, better perks  and more interesting work. While many firms mistakenly think that compensation is everything, the truth is that job hunters look for a variety of things when seeking employment. Still, compensation  is a large part of the package when it comes to retaining employees and reducing turnover. After all, the primary reason why people work is to make a living and  everything else is secondary. II. Case Study In order to draft a compensation and rewards program, it helps to look at one particular entity and  design a program based upon the particular criteria. How large is the company? What types of positions are available? What is the firms purpose? For a company with less than  ten people for instance, one would be hard pressed to come up with a reasonable plan. Each of the individuals would likely be engaged in various duties at different levels