HT Hair Styling in Singapore has five barbers (HT is not one of them). HT currently compensates each barber by paying them $SD9.90 per hour (SSD = Singapore Dollar) The barbers work 40 hours per week for 50 weeks each year. Their current compensation structure ensures that they are paid each week regardless to the number of hair cuts performed by an individual barber. The manager will not send any one home if there is low or no demand because they want to be staffed to handle surge capacity. Rent and other fixed overhead expenses such as insurance, common area maintenance (CAM) charges are $SD1,750 per month. The variable cost of supplies is estimated at $SD 1 per haircut (HC). The only service performed is haircuts (HC). They do not sell any other services (manicure's, etc) or products (shampoo, hair jells, etc). The unit selling price is set at $SD 13 per haircut. Forecasted hair cuts for the coming year are 20.000 hair cuts. The actual volume of hair cuts can vary significantly based on the economy and other factors (style trends). There were times when the volume drop or increased by 30%. HT Hair Styling's retained the services of Human Resource Management Consulting firm (HRMC). HRMC provided recommendations related to potential changes in the barber compensation structure (how barbers are paid) as compared to the current state. In the first alternative, HRMC recommended changing the compensation structure which is was intended to provide an incentive to the barbers. Under this proposed compensation plan, each barber receives $SD 4 per hour plus a commission of SSD 6 per haircut. The other alternative HRMC recommended was pay barbers solely based on a commission of SSD 7 per haircut and discontinue the hourly wage. 1. The owner of HT Styling retained your firm HRMC, to make a recommendation related to possible changes to the barber compensate structure (based on current state and presented alternatives). When presenting your final recommendation, perform and present an appropriate financial analysis of the various options which support your conclusions as well as any critical assumptions or required actions by HT Hair Styling 1 2. In addition, they have asked you to outline any key/critical ethical issues involved with implementing changes to barbers compensation structure. Please provide insight in to ethical concerns that need to be considered if a change is implemented