Compensation, Benefits, Reward & Recognition Plan

Compensation, Benefits, Reward & Recognition Plan

Academic Level: Bachelor
Paper details v
In 275 words write the Perquisites component of executive compensation.
Design an executive compensation package for this position (this is a Team project).
Resource: Blossoms Up! Case Study and Measure Compensation’s Impact
Seth Smith’s Blossoms Up! strategic organizational objectives include the creation and hiring of a Vice-President of Operations. The position will
oversee the company’s transformation to a high-technology entity in all phases of the business-
Based on the job description and additional research into executive compensation and rewards:
Job Description of Vice President
The new Vice-President will oversee the day-to-day operations to support the growth and add to the productivity of the organization. Also. focus on
goal-setting. strategic planning. and provide the operational direction of the organization in supporting its goals. The VP of Operations will be
responsible for measuring progress and modifying processes accordingly. Keeping the entire organization on track and the implementation of new
technologically-competent machines in floriculture- The Vice-President must correct the inefficiencies attached to the organization. The recruited
Vice-President needs to be highly skilled and experienced in the floral industry business management as well as planning. purchasing. sales.
marketing fulfillment and inventory management.
Format the plan consistent with APA guidelines.
Use headings to appropriately signal the topics and keep your document organized-