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Revamping the compensation function of the company

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At Clearwater Electronics, the HR department is revamping the compensation function of the company in order to attract and retain qualified employees who are more likely to contribute to the company's strategic goals and objectives. Why is it important for the company to be concerned about more than just wages and salaries?

-Many employees today value different aspects of an organization, such as working in a positive environment, social impact, autonomy, and safety.

-Many employees today value a culture where leaders constantly push them to achieve.

-Many employees today value companies that are most concerned with their market position.

-Many employees today value companies who hire from the top universities because they know their coworkers will be driven and engaged.

Reference no: EM132806778

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