Attached is a document with some interviews with some of CapraTek’s key stake holders to capture their insights on how pay can motivate team members. Then:
- Create a strategic pay structure for CapraTek (a fictional company) using Martocchio’s five-step system, including the number of pay structures, market pay line, defined pay grades, and pay ranges (Martocchio, pp. 172–179).
- Analyze merit-pay systems and their applicability to CapraTek.
- Analyze sales-incentive compensation plans and their applicability to CapraTek.
- Analyze person-focused programs and their applicability to CapraTek.
- Evaluate the alignment of job classifications to this pay structure.
4-5 pages