Evaluate the organizations current compensation philosophy

Assignment Help Business Management
Reference no: EM131492474

Assignment:Compensation Philosophy

Evaluate the current compensation philosophy for your organization or an organization of your choosing (from a third-person perspective). Write a three-to-five page paper (not including the title and reference pages). Your paper should be written in a scholarly third-person tone; it should be in APA format. In addition to the introduction and conclusion, your paper should address the following:

Evaluate the organization's current compensation philosophy and propose ways to enhance or revamp the current compensation philosophy to meet the changing needs of the organization and its employees.

Examine key factors within the internal and external environment including the mission and strategic focus of the organization, as well as the financial and cultural aspects of your organization (i.e., they cannot have a compensation philosophy where they "lead" the market if the organization does not have the financial resources) that should influence this philosophy. The proposed philosophy itself should be no more than a short paragraph.

Identify the key factors that should contribute to the organization's development based on your proposed organizational philosophy.

Remember to write from a third-person perspective. Do not include wording like "my company's philosophy is ..." Instead include wording like "XYZ Company Name's philosophy is ..." Remember to write about the company and the company's philosophy; do not refer to you or your connection to the company.

In addition to the text, cite at least two scholarly references to support your discussion.

Reference no: EM131492474

Questions Cloud

How much is this stock worth to you : Cod Oil Inc. plans to pay an annual dividend of $2.50 per share indefinitely. If you require a 12.5 percent rate of return, how much is this stock worth to you?
Develop the training objective for the given program : Develop the training objective for this program based on an analysis of the business. Design a two day training program for a group of twenty employees.
Competitive advantage in the context of value chain : 1. Select an organization and discuss their competitive advantage in the context of value chain? 200 words
Identify the stages of economic development : Economic Development On their way to high development, many developing countries may go through several stages of economic development at the same time.
Evaluate the organizations current compensation philosophy : Evaluate the organization's current compensation philosophy and propose ways to enhance or revamp the current compensation philosophy to meet the changing need.
Why has strategic management become : Topic 1: Why has Strategic Management become so important to today's corporations and
Identify threats to the security of health care information : Identify the key threats to the security of health care information. What have you learned from John Pollack? Is it helpful to hear his perspective?
Estimate the necessary capital : Describe what you need in order to do this (three slides). Estimate the necessary capital.
Resolution to the social and criminal justice issue : Identify a clear thesis statement to address your chosen criminal and social justice issue and summarize your chosen social and criminal justice issue.

Reviews

Write a Review

Business Management Questions & Answers

  How does one ensure ones self-interest

How does one ensure one's self-interest when one has to compromise with another to achieve the goal? David Gauthier proposes that it is possible, offering the Prisoner's Dilemma as an example.

  Field of industrial or organizational psychology

Find the fundamental concepts of the field of industrial/organizational psychology.

  Discuss the implications of each decision that lael

Identify the pressures that have made her promotion decision also ethical also legal issue. Discuss the implications of each decision that Lael could make.

  Charge of an international business

Imagine that you are in charge of an international business and are opening a new operation in a specific country. You will need to take into account a number of variables. To complete this assignment, you will need to first select a business (For..

  Question related to debt and equity mix

Explain what are the main factors that go into determing the right mix of equity and debt and iF debt is always cheaper than equity ,why have equity

  Cann is physically located in the united state

The internet is worldwide. Currently, ICANN is physically located in the United States. Do you think that some countries might resent this? Do you think ICANN is really necessary? Why? Find out if there has been discussion about this, and what might ..

  Relationship between weight loss and workouts

You are the manager of a local gym and you will use excel to perform statistical analysis investigating the relationship between weight loss and workouts with a personal trainer.

  Question about sustain values

Discuss how are we as managers to maintain and sustain values over time in light of  mergers, acquisitions, rapid change, turnover, etc..

  What is the required tax year for three cs

40. LO.6 Cerulean, Inc.,Coral,Inc., and Crimson, Inc. form the Three Cs Partnership on January1 of the current year. Cerulean isa 50% partner, and Crimson and Coral are 25% partners

  Determine the potential barriers you anticipate

Determine the potential barriers you anticipate and how you plan on overcoming them. Create a plan for communicating your plan to all the organization's employees.

  Explain about production conceptjobe smith has decided to

explain about production conceptjobe smith has decided to build his manufacturing business lawn mowers in the u.s.

  Impact of demographic characteristics on group behavior

What is the impact of demographic characteristics and cultural diversity on group behavior?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd