Reference no: EM132295000

What is the process of establishing a compensation philosophy? What internal and external factors should be considered when establishing a 'Total Rewards' program? What compensation policies would be best and why? what are some strategic objective could be use to reduce voluntary turnover. what are the four causes of voluntary turnover and what should be done to ensure that voluntary turnover is minimized and employee retention is maximized. what two Process (needs) theories of motivation and two Content (choice) theories of motivation that one should consider for an employee. what is your take on job enlargement, job enrichment, job rotation and job design using the core job characteristics for the job you have or have had in the past. Using the point-factor system, conduct a job evaluation for job you have or have had in the past using 4 compensable factors that you think are most important for the job and what weights should be assigned to each factor and why.