Rwt1 Evaluation Paper

Business Research Report

Three Alternative Compensation Methods Evaluated

Assessment Code: RWT1
Caleb Snyder
000243256
December 15, 2014
Mentor: Brent Smith

Table of Contents
Executive Summary……………………………………………………………………………………………………………………3
Introduction……………………………………………………………………………………………………………………………….4
Research Findings………………………………………………………………………………………………………………………4 Bonus Plans……………………………………………………………………………………………………………………4 Stock Options…………………………………………………………………………………………………………………5 Onsite Child Care……………………………………………………………………………………………………………6
Recommendations…………………………………………………………………………………………………………………….7
Conclusion…………………………………………………………………………………………………………………………………8 References……………………………………………………………………………………………………………………..9
Technology makes it possible for people to work from home at times from across the country. The internet has made looking for jobs and finding jobs much easier. The changing marketplace has caused a change in the employer/employee relationship. In this new job marketplace employers are always trying to find new and better ways to keep their best employees. I was tasked with researching and evaluating three alternative forms of compensation. I chose to research and have recommendations for bonus plans, stock options and onsite child care. I felt that between these three things all of the work force would be covered by one or another. Bonus plans can cover anyone from upper management to lower workers on the production side of the business. There are many studies on them and they have mixed reviews. Bonus Plans offer a wide variety of options that can be somewhat tailored to the company that they are implemented in. Stock options are typically handed out to only the highest level managers and CEOs. However, there have been some companies that have tried offering them to lower level managers as well with mixed results. Stock options have a lot of positive and negative attributes that may make them a somewhat risky solution for alternative