x. critically analyze and discuss the myriad factors that frequently shape an organization's compensation decisions, considering both internal and external influences."
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x. critically analyze and discuss the myriad factors that frequently shape an organization's compensation decisions, considering both internal and external influences."
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- Please, analyze and discuss the myriad factors that frequently shape an organization's compensation decisions, considering both internal and external influences."critically analyze and discuss the myriad factors that frequently shape an organization's compensation decisions, considering both internal and external influences."7. Discuss the strategic decisions that guide the design of compensation practices for a company. 8. Explain the difference between an entitlement philosophy and a performance philosophy.
- Pay-for-performance compensation models improve employee engagement and retention by clearly tying employee or company achievement of performance goals to tangible financial rewards. 1. What are the advantages and disadvantages if pay-for-performance compensation model will be adopted by the government? 2. Which government agency will benefit from this compensation model?There is a common concern today that executive compensation in the U.S. is: Multiple Choice O O Not adequately linked to strategic performance measures. Ineffective as a performance incentive. Not properly disclosed to the IRS. Too diverse among industries. Too low for the value added.1. Describe the components of total rewards. 2. List the strategic decisions that can guide the design of compensation practices.
- Which competitive pay policy would you recommend to an employer? Why? Does it depend on circumstances faced by the employer? Which ones?What is The difference between strategic planning and tactical planning in compensation management? ?define compensation, compensation philosophy, and critical components of a compensation strategy. Provide one solid example of an effective compensation practice/policy. Definition of compensation Overview of compensation philosophy Critical components of a compensation strategy Example of an effective compensation practice/policy
- What does a pay-for-performance strategy mean for a company?.What are the various reasons and circumstances that may lead an organization to make the decision to demote employees to positions at a lower level within the company?"Briefly explain the importance of organizations having good compensation and benefitsplans for their employees.