The purpose of this assignment is to develop learners' ability to relate the current relevant principles, concepts and theories of compensation management with their professional practice.
You are required to answer the following questions according to the assignment format as listed below:
You are to report the extent of the implementation of pay for performance plans and their outcomes in your company.
Support your findings with five (5) literature review of past studies conducted concerning the relationship of the implementation of the plans with their positive outcomes.
Compare your company's current practices and their outcomes with five (5) leading companies in the same industry.
Explain the role of union(s) in your company in determining the design and the implementation of the plans.