How and why compensation is seen as a strategic business partner?
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How and why compensation is seen as a strategic business partner?
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- How does the implementation of a compensation plan contribute to the strategic goals and overall success of companies?Who should be involved in developing Pay-For-Performance Plans and why?In light of which disparate treatment cases are decided, why is it important for employers to document the reasons for their employment decisions?
- In terms of compensation, how do employees view fairness? Cite 3 ways and give concrete, specific examples for each.Discuss how laws and regulations guide total compensation. Research a law or regulation and discuss how it influences total compensation in your organization or an organization you are familiar with. Why is that law or regulation important to consider?Provide your thoughts about Executive Compensation. Considering the magnitude of responsibility, why might their compensation be fair and appropriate? Or might this be excessive and inappropriate?