The goal of any compensation system is to attract and retain talent for the organization. The War for Talent is a reality. Organizations must therefore ensure that they acquire strategic information regarding market trends in compensation among their competitors. Discuss.

Principles of Management
OER 2019th Edition
ISBN:9780998625768
Author:OpenStax
Publisher:OpenStax
Chapter11: Human Resource Management
Section11.4: Influencing Employee Performance And Motivation
Problem 1CC: What does a pay-for-performance strategy mean for a company?
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The goal of any compensation system is to attract and retain talent for the organization. The War for Talent is a reality. Organizations must therefore ensure that they acquire strategic information regarding market trends in compensation among their competitors. Discuss.

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