Explain the role of an effective compensation package

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Explain the Role of an Effective Compensation Package

As the head of the HR department, you are required to develop a new compensation and benefits package to enhance recruiting and retention in the organization with the strategic objective of increasing overall production within the organization 25% over the next 5 years. If you do not see the relevance of any of these problems with your current or past employers - just write your paper as if you were employed with a Fortune 500 company or an organization currently in the news.

Reference no: EM1340829

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