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