Preferred learners
- Anywhere
- Academic experience
Categories
Project scope
- What is the main goal for this project?
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The main goal of this project is to create a comprehensive compensation plan for the new sales role in health care for Mid East Canadian Pharmaceutical Inc. This will involve several different steps for the students, including:
- Researching the current market for health care sales roles and understanding the competitive landscape.
- Developing a compensation plan that is competitive and attractive to potential sales employees.
- Creating a budget for the compensation plan and determining the cost of the plan.
- Developing a strategy to ensure the plan is implemented and maintained.
- Researching and understanding the legal and regulatory requirements of the compensation plan.
- What tasks will learners need to complete to achieve the project goal?
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By the end of the project, students should demonstrate:
- Understanding of the current market for health care sales roles and the competitive landscape.
- Creation of a comprehensive compensation plan that is competitive and attractive to potential sales employees.
- Development of a budget for the compensation plan and determining the cost of the plan.
- Creation of a strategy to ensure the plan is implemented and maintained.
- Understanding of the legal and regulatory requirements of the compensation plan.
Final deliverables should include:
- A written report outlining the research, findings, and recommendations for the compensation plan.
- A presentation summarizing the research, findings, and recommendations for the compensation plan.
- What is the main goal for this project?
-
The main goal of this project is to create a comprehensive compensation plan for the new sales role in health care for Mid East Canadian Pharmaceutical Inc. This will involve several different steps for the students, including:
- Researching the current market for health care sales roles and understanding the competitive landscape.
- Developing a compensation plan that is competitive and attractive to potential sales employees.
- Creating a budget for the compensation plan and determining the cost of the plan.
- Developing a strategy to ensure the plan is implemented and maintained.
- Researching and understanding the legal and regulatory requirements of the compensation plan.
- What tasks will learners need to complete to achieve the project goal?
-
By the end of the project, students should demonstrate:
- Understanding of the current market for health care sales roles and the competitive landscape.
- Creation of a comprehensive compensation plan that is competitive and attractive to potential sales employees.
- Development of a budget for the compensation plan and determining the cost of the plan.
- Creation of a strategy to ensure the plan is implemented and maintained.
- Understanding of the legal and regulatory requirements of the compensation plan.
Final deliverables should include:
- A written report outlining the research, findings, and recommendations for the compensation plan.
- A presentation summarizing the research, findings, and recommendations for the compensation plan.
- How will you support learners in completing the project?
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weekly meeting
- What skills or technologies will help learners to complete the project?
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In order to complete this project, students can self-teach, but it is beneficial to be familiar with:
- Market research and analysis.
- Budgeting and financial management.
- Human resources management.
- Legal and regulatory requirements for compensation plans.
- Business strategy and planning.
Students will be expected to research and learn more about the above as the project goes along.
About the company
- https://mecp.ca/
- 11 - 50 employees
- Hospital, health, wellness & medical
Medical device and pharmaceutical company since 2017, our business is primarily B2B