JC Penney
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Please read the case provided in the link below (page 387), and then answer the two questions at the end of the page.
http://books.google.com/books?id=_yCe7fiQbokC&pg=PA387&lpg=PA387&dq=Compensation+Changes+at+JCPenney&source=bl&ots=vrN0CVeLB5&sig=zpYB84CXSSrTlL9CEEJt-TOb8Z8&hl=en&ei=bLqeTaCyBZGatweQ_amVAw&sa=X&oi=book_result&ct=result&resnum=3&ved=0CCoQ6AEwAg#v=onepage&q&f=false
1. How do the JC Penney changes reflect a total rewards approach?
2. Discuss why JC Penney's shift to a more performance-oriented compensation system had to be linked to market pricing.
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Solution Summary
This solution discusses total reward programs.
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Hello. Thank you for choosing me as your OTA. I provide the following to assist you after reviewing the attached case. It says you need 1 to 3 pages. I would assume this would be double spaced? If so, this is ample information to assist you. If it is single spaced, I think that I met your standard requirement. Please ensure to implement your thoughts and ideas into the paper.
1. How do the JC Penney changes reflect a total rewards approach?
JC Penney undertook the method of creating career bands. These career brands created an effective means of rewarding an employees' current job performance and future growth within the company. Furthermore, the system utilized certain performance goals and measures that were directly tied to business strategies and objectives. The use of a total rewards approach allowed ...
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