After you carefully read, Name Your Price: Compensation Negotiation at Whole Health Management, you will prepare three documents as your Final Project submission. For the purposes of this assignment, you are Monroe Davies (or Monica, if you prefer). As such, everything in this reading applies to you. Note that the purpose of this assignment is for you to become familiar with the primary aspects of a compensation package and the negotiation process. To accomplish this assignment, you will accept this position and complete the three documents detailed here (submitting them as a single Word document into the Moodle Dropbox, which will be posted next week).
1. Job Offer Table: Prepare a simple table from the information available on Exhibit 1 (page 5), which is the job offer template sent to you by Jim Hummer. Jim has written in XXXX’s in the spaces next to five line items: compensation, bonus, relocation allowance, stock options, and continuing education stipend. Based on the data available in this reading and any research you conduct, complete the compensation package to be submitted to Jim Hummer. In other words, determine the amount that you are proposing for each of the five line items.
2. Letter of Acceptance: Write a letter of acceptance to Jim Hummer to accompany the job offer table.
3. Executive Memo with Citations: Write a one (minimum) to two (maximum) page executive memo to me. With all the usual formatting criteria, provide your rationale and evidence for your actions, particularly in completing the job offer table. Include two references and two properly formatted citations for this portion of the assignment.