Organizational strategy and the business plan

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Discuss how a manager might make sure that the performance plan for each of her direct reports was driven by organizational strategy and the business plan. How can information systems support this goal?

Merit increases require a single "performance" number, while most incentive plans have multiple and varying performance measures. How can the PM system meet both needs?

Compensation strategy includes how competitive the organization wants to be, the number of different compensation systems the organization wants to have, the mix of various reward and benefit components, and the basis of increases. Discuss the data inflows required if an organization wanted to automate its compensation design and administration processes.

Reference no: EM133041444

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