Compensation Strategy Proposal for Northern Software

Task 1: Propose a compensation strategy for Northern Software

Task 1: Propose a compensation strategy for Northern Software.
CASE: Northern Software
Software engineers directly affect the success of many start-up companies. Suppose that a group of investors is about to create a new start-up, a specialty software company based in Fort McMurray, Alberta. These investors have hired you to help them determine the marketing manager’s pay. What would you advise? You will need to get some information on Fort McMurray and on the specialty software industry. Consider the information from the text in Chapter 7 Exhibits 7.1, 7.2, and 7.11 in making your recommendation. Exhibits posted on eCentennial.
Task 2: Northern Software Questions
1. What policy regarding external competitiveness would you advise? List the options and the pros and cons of each policy option. Offer the rationale for your recommendation.
2. What forms of pay would you recommend? Again, offer your rationale.
3. Consider the theories and research presented from the text in Chapter 7. Identify and discuss which ones you used to support your recommendation.
4. List three pieces of additional information you would like to have to refine your recommendation. Explain how this information would help you.
Requirements and Marking Criteria:
1. Provide information that is specific and relevant to the case and well justified with compensation principles and research findings.
2. Use the text and conduct research for relevant information and knowledge to complete the questions.
3. Assignment style and format: Prepare a word-processed typed document. Your assignment should not exceed 12 pages excluding your cover page and citations. Please ensure that your assignment is free from spelling and grammatical errors.
5. Submission requirements: Your work is to be presented professionally. Please submit one electronic copy of your assignment in the dropbox on eCentennial and a one printed paper copy of your assignment to your professor at the beginning of class on the due date.


Make sure you follow required assignment submission protocols provided in the General Assignment Submission Requirements document posted on eCentennial. Assignments will not be accepted through ANY other means without my prior approval.
4. Together with your team’s submission, attach individual team member’s work. No marks will be awarded to student(s) who do not submit individual work. Individual team member’s work MUST accompany each group assignment submission, it will not be accepted afterwards or separate from the group submission. This information will not be included as part of the overall page count.
7. Late Assignments: Late papers will be penalized 10% per day (including weekends); unless extenuating circumstances prevail as per the Business School Assignment Policy. Once this assignment is graded and returned to the class, no late submissions will be accepted. If you foresee any difficulty completing the assignment on time, please be proactive and discuss your circumstances with me ASAP BEFORE the due date.
8. Appendices: (not contributing to page count) If required, materials used in collection and presentation (e.g. Charts, tables, etc.) should be appended to your submitted report.