Stand-Alone Project: Compensation Consulting Project (300 points)
You should begin working on the Stand-Alone Project early in the course. Each assignment provides a benchmark for completing the Stand-Alone Project in a timely manner while working through the course. You will find this information in the “Stand-Alone Project Benchmark” section of each assignment.
For this project, you assume the role of a compensation specialist at Compensation Consulting Company (CCC). In this job, you face several challenges, and to handle each one successfully, you must draw from the material covered during this course. Specifically, you have been assigned to several client firms experiencing problems with their pay systems; these firms are relying on your expertise to assist them in correcting these problems. In each case, you generate a consulting report analyzing the compensation problems experienced by each client and formulate an action plan to correct these problems. (300 points) (A 20-page, double-spaced response is required.)
|Part A||Consulting Report for Lynchburg Symphony (150 points)
The Lynchburg Symphony has a long tradition of providing their community with high-quality musical performances. The following chart lists the pay for each position in the symphony, and these fees represent the total compensation (excluding travel pay) for this year’s regular season of performances.