How each component should align with organization strategy

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Reference no: EM134034373

Question

1. Explain in details Worldatwork Model. Definition and concept ( 5 grades ). Illustration in details ( 5 grades ). Describe how each component should align with organization Strategy ( 10 grades )

Step 1: ??Understand organizational context: The reward system is part of the total organizational system, and must fit with and support the other parts

Step 2: ??Determine mix of compensation components to include and total level of compensation components to include and total level of compensation to provide, relative to other employers Copyright

Step 4: ??Design your performance pay and indirect pay?plans

Step 5: ??Key issues here include procedures for implementing the system, communication information about the system, dealing with compensation problems, budgeting, and controlling compensation costs.

Reference no: EM134034373

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