How strategic compensation contribute to organizations goals

Assignment Help Strategic Management
Reference no: EM131679166

Module: Discussion Forum

An important component of compensation strategy is the organization's compensation philosophy. Define what is meant by a "compensation philosophy" and discuss the principle components and limitations of a compensation philosophy, and answer the following two questions using the question and answer (Q&A) format. The Q&A format should include the original question along with your response. Within your post, support your responses with information from at least one peer-reviewed/scholarly source (not older than 3-5 years) from the CSU Global online library or the internet, and provide the full citation at the end of your post. Use APA guidelines to format your references.

1. What are the major elements of an effective strategic compensation system?

2. How can strategic compensation contribute to an organization's goals and strategy?

Your initial posting should be well-researched, contain at least 300 words, and must be submitted by Thursday, midnight, of this week. Your initial post must meet APA guidelines and include at least one scholarly reference from course materials.

Reference no: EM131679166

Questions Cloud

What are the degrees of freedom for the kruskalwallis : What are the degrees of freedom for the KruskalWallis H test and the Friedman test? Explain how to interpret the test statistic H.
How might you effectively communicate new hrm practices : How might you effectively communicate new HRM practices to gain employee understanding and acceptance? Be specific and provide examples.
Briefly describe the zone routing protocol : Briefly describe the Zone Routing Protocol (ZRP) used for routing in ad hoc wireless networks. for 6 marks
Briefly describe the routing table entries of an ipv6 router : Contrast the cost metrics between distance vector routing algorithms and link state routing algorithms for building routing tables
How strategic compensation contribute to organizations goals : An important component of compensation strategy. How can strategic compensation contribute to an organization's goals and strategy?
Discuss how fixed-length classful addressing affects : The IPv4 classful architecture has been wasteful and led to the rapid depletion of IPv4 addresses worldwide. Discuss how fixed-length classful addressing affect
Mobile and data networking : In the area of wireless communications, LTE technology is used in mobile and data networking.
Distance vector routing protocol and the link state routing : Compare and contrast the features of the Distance Vector routing protocol and the Link State routing protocol.
Present types of pay an organization should consider : Present 3-5 types/forms of pay an organization should consider when adopting the pay structure. A scholarly or peer-reviewed journal article.

Reviews

Write a Review

Strategic Management Questions & Answers

  How trend will enhance or impede organizational effectivenes

Unions, whose membership has steadily declined over the past 50 years, are now seeking to expand their organizing efforts by targeting nontraditional union members and developing sophisticated methods for attracting new members. Explain how this tren..

  Very briefly explain how human resources management

Very briefly explain how Human Resources Management can be instrumental in helping a company create a competitive advantage.

  Analyze the concept of a cost leadership strategy

Analyze the concept of a cost leadership strategy. Determine two specific challenges of using a cost leadership strategy successfully in healthcare. Suggest two actions that management could take in order to mitigate these challenges

  How purchasing affects management of facilities

How Purchasing Affects Management Of Facilities

  Discuss the connection between zappos mission and core value

Discuss the connection between Zappos' Mission and Core Values and how they contribute to its competitive advantage in the business world.

  Describe both the push and pull promotion strategies

Describe both the push and pull promotion strategies. Research two companies that are making successful use of both promotion mix strategies.

  Creating a motivational environment to achieve success

Creating a motivational environment or a scenario that allows salespeople to achieve success can be accomplished through many methods.

  Define a strategic management plan

Define a strategic management plan, using your SWOT analysis. Identify the (internal) strengths of the organization structure

  Discuss the elements of strategic management

Discuss the elements of strategic management and explain why it is crucial to an organization's survival. Using a company as an example, explain the difference between a strategy and a business model

  Presentation to present the team strategic plan paper

Create a 15- to 25-slide Microsoft PowerPoint presentation to present the team's strategic plan paper, highlighting all relevant elements from previous weeks. The purpose of the presentation is to sell the plan. Make it succinct, visually interest..

  Decision-making factors in relation to quantitative factors

Demonstrate evidence of evaluative skills through making supported judgments based on explanation in the context of the case study.

  Why is it difficult to apply porters market-based concepts

Why is it difficult to apply Porter's market-based concepts in public sector strategy? Do they have any relevance at all in a city-based fire and rescue service?

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