New compensation program

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Reference no: EM1334006

New compensation program

The company President exclaimed to her new compensation executive. "Now that you have been in the role for HR, let's talk about how to get our valued employees involved in establishing the new compensation program you were promoted to develop."

So address the President's questions -

How do you get employees involved and what are the benefits of that involvement? Are there any potential drawbacks?
And even though she did not specifically ask, bring to the table the difference in Job-based versus Person-based structures. But the most important thing executives want - your answer, your recommendation. So postulate a specific course of action and address why it is the optimum.

If possible, relate any personal anecdotes or experiences.

Reference no: EM1334006

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