Management Assignment: Applying a Compensation Strategy Presentation

Management Assignment: Applying a Compensation Strategy Presentation

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Considering the materials and research on compensation and strategy you have completed over the last two week, this assignment requests students to review/analyze the various forms of pay structures available to an organization, and the impact of that pay structure on the workplace. In your research paper, address the following:
Write a brief profile of the organization you will be discussing in this paper, including the number of employees, revenues/income, mission, vision, and strategic objectives (if available).
Present 3-5 types/forms of pay an organization should consider when adopting the pay structure.
Compare and contrast these forms of pay structures related to when they should be used.
Finally, assess how to determine the effectiveness of each specific pay approach (in other words, how is employee performance or productivity determined when utilizing each pay type/form).

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