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HR Compensation Strategy

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You have been assigned to redesign the compensation strategy for your organization. The first step is to determine the numerous stakeholders who need to be included in the compensation strategy and/or decision.

Using course materials to support your position, briefly write responses for each of the following:

Who should be involved in compensation strategies and decisions? (1 paragraph)

Why is their participation necessary? (2-3 Paragraphs)

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Solution Summary

The solution discusses the redesign the compensation strategy for your organization. The first step is to determine the numerous stakeholders who need to be included in the compensation strategy and/or decision.

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Dear student:

I enjoyed assisting. I have been involved in many salary negotiations and understand how compensation strategies work. The following will expand your knowledge of this subject.

Thank you.

Who should be involved in compensation strategies and decisions? (1 paragraph)

The human resources manager must be the individual who oversees the compensation strategies. The HR manager will work with each department head to compile review the job duties. This will allow for the HR ...

Solution provided by:
Jo Ann Prevetti, MBA, PhD (IP)
Education
  • Master of Business Administration, University of Phoenix
  • Bachelor of Science in Paralegal Studies, Kaplan College
  • Business Diploma, Katharine Gibbs Business College for Women
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