Fastcat Executive Summary

Introduction
This detailed report includes significant information on objectives and tactics recommendation for FastCat to become a competitive successful organization. The report also includes invaluable information on how the FastCat organization will increase its overall base performance. FastCat is a private mid-sized medical software organization based in Minnesota with a net income of $8.9 million. In order for FastCat to preserve its leading edge in sales and marketing its software solutions, and acquire top talent. FastCat will need to “think outside the box” and adhere to the group recommendations. To accomplish these targets FastCat will need to integrate creativity and teamwork. We have developed a powerful and competitive compensation action package that addresses different jobs categories (marketing, technical, management and administrative) within the FastCat organization. They are compensated different amounts associated with the position’s value. To be competitive is to be successful especially in this rapidly changing economic environment. The goal is to comprehend and recognize the compensation process in keeping valued employees and customers satisfied by improving the …show more content…
The entire existence of our companies is based on the ability to find new ways to bring value to a “niche” market. An important strategy for our company is compensating our employees based on their ability, skills, and new ideas they can bring. These compensation levels are rated on importance when reviewing the value of each category profession. These principal factors include innovation, critical thinking, communication, education, and technical skills. We are aware that there may be positions within Fastcats that do not require a halt in innovation, a much innovative stopped, or ideal employee would be one who is always thinking outside the box. That employee would also be and be motivated to provide new ideas to the

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