In most modern organizations, the employment relationship has shifted from being life-long with career management provided by the organization into being more short-term with employees having to manage their careers as they move between multiple organizations with flatter organizational structures.

As a consequence, the role of compensation has become an important management tool for attracting, retaining, and motivating the talent needed to be competitive.

Discuss how e-compensation tools have the potential to transform the administration of existing compensation plans to better adapt to the dynamic demands of this evolving competitive landscape.