A Compensation package can include salary, bonuses, health care plans, and a variety of other types of compensation. Envision an organization of your choice and

A Compensation package can include salary, bonuses, health care plans, and a variety of other types of compensation.  Envision an organization of your choice and develop a mission statement that defines what type of organization you choose (manufacturing, retail, sales, etc.) Based on research you conduct into the type of organization you have selected, create a compensation package for three classes of employees found below. 1. Initial entry employees 2. Middle management 3. Senior management Your compensation package should include at a minimum, salary, bonuses, health care, retirement plans (defined benefit – defined contribution, etc.), and paid time off (PTO), (Vacation, sick leave, holidays, etc.)

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