Four steps in developing compensation strategy

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Reference no: EM132203359

A What is compensation? Book: Compensation 12th edition

1. Identify and explain any common views of compensation shared by employees, employers, and society. Identify conflicting views of compensation among employees, employers, and society.

2. From your own personal experience as an employee, provide an example that best illustrates either an in common or conflicting view of compensation in relation to one or more of the other groups (i.e., employer, employees, society).

B. Strategic Compensation. After considering the four steps in developing a compensation strategy and the different stakeholder involved, describe which total compensation strategy might work best at your organization, or one of your choice.

Reference no: EM132203359

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