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Compensation & Benefits Class 700 words with references
A strategic purpose for a well-blended compensation program, one that includes various types of direct compensation, is gaining employee commitment and productivity. One of the most effective tactics for this strategy is designing a process for linking individual achievement to organizational goals.
Prepare a report to senior leaders addressing the following:
· Explain the concept of tying performance to organizational goals.
· Describe the different types of individual and group-level performance measurements.
· What are the advantages and disadvantages of individual versus group-level performance recognition?
· Discuss the options an organization has to link individual or group monetary rewards to organizational success.
· Develop recommendations for how to implement, monitor, and evaluate such a program.
- 10 years ago
- 5
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- compensation_and_benefits.docx
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- compensation__benefits_assignment.docx
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- well-blended_compensation_program.docx
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- performance_and_compensation.docx
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