Compensation

COVER LETTER

THE HUMAN RESOURCES MANAGER

STEEL WORKS ENGINEERING CORPORATION

WHITE WASH LANE- 3455

CHICAGO

TO THE HUMAN RESOURCES SENIOR SUPERVISOR

STEEL WORKS ENGINEERING CORPORATION

WHITE WASH LANE- 3455

CHICAGO

30TH , OCTOBER , 2008 DEAR SIR

REF : JUSTIFICATION FOR THE COMPENSATION PACKAGE , INCENTIVE PLAN AND THE BENEFITS PLAN FOR

JAMES RICHARDS

As a result of the of the growing competition in the in the industry its of paramount importance to employee highly qualified personnel who are highly qualified to ensure that Steel Works Engineering Corporation

br is at a competitive advantage . More so in to meet the increasing demand for our products in the market , we need to employee the economics of scales so that eventually we shall experience increasing returns to scale in the future and eventually have higher net returns on capital

In efforts to achieve the above challenges whilst at the same time meeting the corporate objective , after the interview conducted on 20th October , 2008 , I found Richards to be the most competent personnel o fit the vacancy in the firm . His academic qualification coupled with five years experience at Tesco Engineering Firm in Texas at San Antonio gave him an upper hand than other applicants , more so his productivity record in firm where he was a senior technical officer made the firms level of production rise by 30 while the costs reduced by 40 per every finished product within a duration of the five years he was at the firm

Lastly , the last factor I considered while...