The document outlines an assignment requiring an analysis of a company's compensation plan, specifically focusing on its effectiveness and areas for improvement. The assignment involves evaluating the existing plan, comparing it to competitors, and making recommendations on benefits and pay structures using academic resources. It highlights Google's compensation strategies, including their competitive pay, employee recognition, and unique benefits tailored to attract and retain talent, while also addressing challenges they face related to gender pay equality and market competition.

1. Assignment 2: Compensation Plan Outline
Due Week 8 and worth 300 points
Using the same company you researched in Assignment 1,
evaluate the company’s compensation plan to determine how it
could be improved.
Write a six to eight (6-8) page paper in which you:
Evaluate the existing compensation plan to determine if it is the
most appropriate for your company. Explain your rationale.
Determine the most beneficial ratio of internally consistent and
market consistent compensation systems for the company you
selected.
Evaluate the current pay structure used by your company and
assess the recognition of employee contributions.
Make two (2) recommendations for improving the effectiveness
of the discretionary benefits provided by the company you
selected.
Evaluate the types of employer-sponsored retirement plans and
health insurance programs provided by the company you
selected and compare them to that company’s major
competitors.
Use at least three (3) quality references.
Note:

2. Wikipedia and other websites do not qualify as academic
resources.
Your assignment must follow these formatting requirements:
This course requires use of new
Strayer Writing Standards (SWS)
. The format is different than other Strayer University courses.
Please take a moment to review the SWS documentation for
details.
Be typed, double spaced, using Times New Roman font (size
12), with one-inch margins on all sides; references must follow
SWS or school-specific format. Check with your professor for
any additional instructions.
Include a cover page containing the title of the assignment, the
student’s name, the professor’s name, the course title, and the
date. The cover page and the reference page are not included in
the required page length.
The specific course learning outcomes associated with this
assignment are:
Evaluate the effectiveness of traditional bases for pay (seniority
and merit) against incentive-based and person-focused
compensation approaches.
Compare and contrast internally consistent and market-
competitive compensation systems.
Evaluate the role of benefits in strategic compensation.

3. Use technology and information resources to research issues in
compensation management.
Write clearly and concisely about compensation management
using proper writing mechanics.
THIS IS MY FIRST ASSIGNMENT TO COMPLETE THE ONE
ON TOP
Description of Google Company:
Google is a worldwide, traded on an open market association
worked around the organization's enormously leading web
index. Google's different undertakings incorporate Internet
investigation, distributed computing, publicizing advances, and
Web application, program and working framework
improvement. It is an American global innovation organization
that has some expertise in Internet-related administrations and
items, which incorporate web-based publicizing advances, web
crawler, distributed computing, programming, and equipment.
(Scott, 2008)
Compensation strategy at Google:
Pay structure alludes to a system that evaluates distinctive
employments, gathering similar kinds of occupations together,
and characterizes formal pay structure for pay just as pay. The
vast majority of the associations are created formal pay
structure inside the association to viably oversee capacities
identified with the installment of essential compensation and
remuneration. The present remuneration and advantages

4. structure of Google incorporates pay board and distinctive
apparatuses to give benefits that are stock-based pay, money
occasion reward, pay climb, and value motivator for
administrators. Alongside this, the formal pay structure of the
organization incorporates distinctive measures to rewards their
representatives to hold and persuade existing gifted workers.
Google offers a focused pay program to their administrators and
non-officials representatives to give prizes, pay, and
advantages. To provide remuneration and benefits, Google has
built up against a pay board of trustees inside the association as
a significant aspect of human asset office that sets parameters
for pay increment, rewards, and stock honors. Under this
program, the organization offers 10% climb in compensation
and $1000 money occasions reward amid the Christmas seasons
the motivations for those non-official representatives, who
performs better. The hill in the pay of all representatives comes
as a piece of aggressive pay plan of the organization to
compensate the best entertainer. Alongside this, Google offers
stock-based remuneration and value grant programs under the
pay intend to draw in new workers and hold existing capable
representatives.
Best practices applied by Google:
Google can inspire people and to keep the employees consistent
in their work. It promotes and supports flexibility, unlike many
other companies which make the work environment strict.
Google also helps and encourages diversity which means it
gives a chance to women to work and show what they are
capable of as well as Hispanics. It listens and responds to all
the queries and adapts. Google has been known to encourage
development and to stay updated according to the new
inventions. It offers excellent and unique benefits to all the
workers; it also creates a culture of empathy towards all the
people related to it.

5. Compensation-related challenges faced by Google:
There is an issue distinguished identified with estimating
likeness of overwhelmingly male and female occupations. This
is an outstanding issue with the pay approaches of Google. It is
because the wages in Google are not comparable with its fixed
remuneration. Likewise, there is no concurrence on the limit of
the present place of employment assessment strategies that are
utilized to assess the occupations. Google looks some different
issues because of remuneration strategies, for example, a
measure of practically identical buildup cost for businesses,
decrease in openwork doors for ladies and so on.
Analysis of how Google applies compensation practice to
determine the positive and negative impact on the company and
its stakeholders:
Google's remuneration system is exceptionally focused
contrasted with the pay techniques of contending firms. The
organization gives high pay rates, together with thorough
motivating forces and non conventional benefits. Monetary and
moral motivating forces are given. What's more, the
organization provides benefits like restorative protection,
retirement annuities, free suppers, and free utilization of
activity gear. Practically, Google's human asset the executives
have prevailing concerning the pay technique since it
adequately draws in exceptionally qualified brilliant and
fantastic workers. Individuals see Google as a standout amongst
the best work environment.
Google's remuneration framework has every one of the
advantages you would expect from a fortune 500 association,
for example, medical coverage projects and retirement designs.
(Keller, 2011) Google separates itself from the challenge by
offering administrations and optional advantages that are not

6. standard. These administrations incorporate liven, for example,
representatives are permitted to bring their pets at work and
administrations like transportation to get and drop off the
workers to home. Google has confidence in a fun, casual
condition since it prompts increasingly drew in, upbeat and
gainful workforce and they have actualized various practices
that mirror this belief system.
Laws, labor unions, and market factors impact Google’s
compensation practices:
Numerous laws can influence Google's Compensation practices;
these incorporate; work laws, wellbeing laws, segregation laws
and so on. It is significantly increasingly complex for a
worldwide brand like Google since it needs to submit to USA
laws and controls as well as by the laws relating to every single
other nation in which it works together. Google has numerous
areas all through the world and with the steady achievement the
organization creates, it just keeps on growing more, Google has
assembled 70 workplaces more than 40 nations. (Noe, 2006)
Laws can affect Google through controls in business practices.
As our content clarifies that, "business laws are basic to keep up
a parity of intensity among representatives and the business."
Examples of the laws that affect Google are the lowest pay
permitted by statute, extra time pay, and kid work
arrangements. Association works are not huge aficionados of
innovation organizations on the grounds that these don't
ordinarily have association portrayal, Google, for instance, does
not have any association portrayal, in actuality most innovation
and data organizations, for example, Facebook or Apple are not
unionized either which may appear to be a terrible thing for
individuals who bolsters the association work. Not being
unitized not a terrible job on account of Google that gratitude to
the organization accomplishment as leaders the industry, they
are equipped for spoiling their representatives with more

7. advantages and extravagance comforts that association
specialists can even dream of, so an association isn't generally
significant.
Another example is that market factors likewise affect Google,
particularly in a focused market. Since we do live in the data
time, numerous different organizations rival Google, for
example, Yahoo, AOL, and Bing to give some cases. Google
needs to keep up a focused pay structure for their
representatives, yet that, they do well, they offer competitive
compensations as well as a vigorous advantages bundle that not
just incorporate your customary optional advantages such
medical coverage, yet much other nonconventional benefits that
keep workers cheerful and fulfilled yet above all steadfast. This
is Google's specific mystery weapon to hold top ability.
The effectiveness of traditional bases for pay at Google:
The Traditional pay framework has been founded primarily on,
status, life span more than on employment execution. Position
and life span pay depends on the worker's length of
administration; it accepts that representatives turn out to be
progressively significant to associations with time. Considering
all the procured new abilities and experience worker is equipped
for acquiring through time that bodes well. There are cons and
stars to the conventional arrangement of pay. A portion of the
points of interest are that organizations can accomplish a
consistent workforce with little turnover and the procedure is
likewise more straightforward to manage since it is an equation
based framework. A portion of the detriments is that
compensation scale dependent on rank makes it practically
difficult to have a high-performing workforce.
Google is perceived for its methodolo gy on remuneration about
the execution. Typically, the framework is successful because
the more significant part of clients is constantly content with

8. the administrations conveyed by the staff. Through the ongoing
methodology, Google has been in a situation to draw in various
representatives whom the organization connects with to work
with. This gets another embodiment of imagination terms of the
manner in which clients are in participation. The further
developed a worker is positioned, the better the compensation
review. This is a decent sign of endeavors representatives put
inside the obligations they are relegated while as yet hoping to
be compensated with advancements. The conventional pay base
strategy helps Google distinguish the essential talents from the
numerous workers and hold them through higher pay. These
benefits that are inside the remuneration arrangement
additionally help to keep workers inspired towards supporting
the organization to accomplish future goals. In the end, the
proof is discernible where Google has demonstrated to end up a
worldwide organization in the internet-related services and
products. Without the best sources, an organization can't remain
in a situation to accomplishing any goals. Therefore, it is
imperative for any focused business or association to guarantee
upkeep of the best performing representatives. Be that as it
may, it's anything but a simple way to deal with convinces
workers to stay devoted to the association without being paid
well. With the representation of Google where they esteem the
best chefs who are capable in the definition of choices, different
organizations can pursue, and they will almost certainly have
their techniques all around accomplished. It further winds up
advantageous to the organization allowed that different
representatives gain a chance to take in a few convictions from
workers; besides, crafted by the organization continues
experiencing continuous enhancements.
References:
·
Keller, K. L., Parameswaran, M. G., & Jacob, I. (2011).

9. Strategic brand management: Building, measuring, and
managing brand equity. Pearson Education India.
·
Noe, R. A., Hollenbeck, J. R., Gerhart, B., & Wright, P. M.
(2006). Human resource management: Gaining a competitive
advantage.
·
Scott, V. (2008). Google. ABC-CLIO.