Reference no: EM133524711
Assignment:
You are required to analyze and compare few aspects of two firms that is Microsoft Corporation and Volkswagen having their business operation in Canada. Based on your analysis on the questions given below (A, B, C, D) establish the following statement/thesis:
"If a compensation system works well for one business, that same compensation system should not work well for other businesses."
You are allowed to pick any two firms, but I would recommend you choose two firms that are significantly different in-terms of their product, size, strategy, technology, human capital, HR policy etc. This will help you compare between the two firms in answering the given questions to establish the above thesis/statement. Also, in picking the two firms, make sure you can collect enough information from the public domain (internet, university library, firm website etc.).
Research on these two firms and respond to the following questions in alignment of the above thesis/statement:
1. Compare and contrast the following internal factors of both of your chosen firms: strategy, technology, human capital, HR policy.
2. Based on your research on the two companies/firms, discuss whether the firms follow a tailored pay structure or loosely coupled pay structure.
3. In-depth research on the two firms' different components of compensation they offer to their employees- base pay, performance pay plans, and benefits (except the legally mandated benefits). Now briefly compare and contrast on each of the pay components between the two firms.
4. Based on your analysis of these two firms, provide your argument to establish the given thesis/statement.
Also share references of content and articles used in this paper.
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