Title: Competency Assessment: (CU2 M3) Compensation & Benefits
Course: SkillsCom BA 224 15.1 > Section: Credit Unit 2 Module 3

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.

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. Suggested length is 2-pages of content and should be formatted in a professional manner. Remember, you are the consultant!