What goals should be needed for a new compensation plan

Reference no: EM133205807

Question: What goals should be needed for a new compensation plan for The Kraft Heinz Company?

Your compensation system should achieve as many of these goals as possible:
1. Promote achievement of the organization's goals.
2. Fit the structure and the business strategy of the organization.
3. Attract and retain qualified staff.
4. Promote desired employee behaviour.
5. Be equitable.
6. Comply with the law.
7. Be financially feasible.
8. Achieve the above noted goals in the most-cost effective manner.

Reference no: EM133205807

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