What are the key issues that must be addressed in this problem as you think about developing your compensation strategy/plan?

SIOP Team Project

You have any requested to give and adjustment to 28th machine operators between 10 to 15 years of service. You have researched the root cause of the problem but have not yet presented this to the plant manager or the leadership team.
Answer the following questions:
1 what do you believe has caused the issue with the machine operator pay for the 28 employees that have between 10 and 15 years of service? List and discuss as many as you could think of.
2 what are the key issues that must be addressed in this problem as you think about developing your compensation strategy/plan?
3 what should be done prior to taking any actions.
4 what are the key issues regarding internal equity? What are the key issues regarding the pay structure? Explain each.
5. What competitive market factors affect this company? Why?
6. How can I pay for performance plan help in this situation? What type of plan would work to address the situation and why?
7. As you think about your challenges as a team, what are the implications in the workplace when companies use team-based pay incentives in general?
8. Would you consider using a team-based instead of pay program for the machine operators? Why or why not?
9. What potential solutions would you recommend to the plant manager regarding making any adjustments to the 28 machine operators that have between 10 to 15 years of service now that you have thought through many of the challenges?
10. What are the implications to the business for each solution / recommendation ?
Instructions
Read the project case study carefully. Read and review chapters 1 through 10 in the compensation textbook. This assignment covers learning materials from units 1 through 5 as you read the team project, highlight areas that seem important. They critically about how to apply your learning.
Create a presentation using Microsoft Power Point that indicates the following:
Above questions 1 through 10.
Requirements
Submit a Power Point presentation in APA format.
Maximum 15 slides in length, excluding the title and references pages.
At least two resources.
E-book ,Gerhart,B.,&Newman.J .(2020.).Compensation & benefits (13 th ,Ed.).McGraw – Hill ..Case Study … Read ,review chapters 1 -10.

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