Explore BrainMass

Compensation & HR Strategy: Importance to Success

This content was STOLEN from BrainMass.com - View the original, and get the already-completed solution here!

How are compensation strategy and HR strategy central to successful business strategy? If you have a website, I would appreciate that so I can use. I need to put a 200 word paper together. Thanks.

© BrainMass Inc. brainmass.com October 17, 2018, 12:43 pm ad1c9bdddf

Solution Preview

Here you go, please let me know if you have any questions.

Compensation strategy and HR strategy are critical to a successful business strategy. Employees want to work at an organization where they will be fairly compensated for their work and treated equitably. The compensation strategy makes a difference in the caliber of employees that are attracted to the organization. To attract talented employees, an organization must have a compensation strategy that is competitive to others in their industry and locale. A compensation ...

Solution Summary

This solution discusses why compensation and HR strategy are important to organizational success. Includes APA formatted reference and helpful links.

Similar Posting

Human Resources Management: Discussion Questions

Need assistance with the following questions. Please answer and include any references used.

DQ#1: Evaluate technology utilization and strategic HRM.
DQ#2: Examine human resource success factors associated with operating an international firm in an industry of your choice.
DQ#3: Discuss two ways in which HRM can be integrated into organizational operations.
DQ#4: Discuss two of the important elements of human capital development.
DQ#5: Discuss two metrics that can be used to evaluating a company's existing and needed skill sets.
DQ#6: Find an article and share one best practice in human capital development - with citation.
DQ#7: Develop and discuss three metrics to evaluate employee performance. Why did you select these? Are they the most significant measures? Are they easily quantifiable and measurable?
DQ#8: Discuss an example of a compensation and motivation practice and evaluate how it relates to the organization's strategy.
DQ#9: Critique a best practice in a compensation and motivation program.

View Full Posting Details