Title: Competency Assessment: (CU2 M3) Compensation and Benefits
Course: SkillsCom BA 224 15.1

CREDIT 2: MODULE 3 ASSESSMENT:

Phil is a small-business owner from Michigan.  Phil owns a small construction business with 5 employees and has hired you as a consultant for his company.  Phil would like for you to come up with a compensation plan for a Project-Manager that Phil intends on hiring in the next couple of months.

INSTRUCTIONS:  Take a look at the following website: http://smallbusiness.chron.com/example-employee-compensation-plan-10068.html and create a compensation plan for the Project-Manager that Phil will be hiring. Be sure to make support your recommendations with industry research.  For your recommendation look at the following (at a minimum): 1) Hourly Wage OR Annual Salary, 2) Retirement Plan, 3) Raises, Bonuses, and Incentives, 4) Health Benefits.

THEME: Compensation Plan

GOAL: Create a professional compensation plan.

SUBMIT: Please submit your document as a Microsoft Word (docx or rtf file) document.  Suggested length is 2-pages of content and should be formatted in a professional manner.  Remember, you are the consultant!