WSS Case Study 1 and 2 analysis:
What type of pay mix would you design for your company?
a) Discuss base pay increases (merit, COLA, promotions) that would best fit your company. What (if any) would you implement and why (How will this improve performance) ? What are the implications for the company and its ability to pay?
b) Discuss individual variable pay incentives that would best fit your company. Be specific. What (if any) type would you implement and why (How will these incentives improve performance) ?
c) Discuss team incentives that would best fit your company. Be specific. What (if any) type would you implement and why (How will these incentives improve performance) ?