Description
Compose a 3-4 page paper that addresses the exercise posed in “Your Turn – Adapting Benefits to a Changing Strategy” beginning on page 480 of the Mikovich text. APA formatting standards must be followed. A minimum of 3 scholarly resources from outside of class need to be used.
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Explanation & Answer
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Running head: COMPENSATION MANAGEMENT
Compensation Management
Student’s Name
Course Number – Name of Course
University Name
Instructor’s Name
Date
1
COMPENSATION MANAGEMENT
2
Compensation Management
Difficulties that HR faced after Compaq acquisition
There is a close relationship between business strategy and policies. In most cases, a
strategic vision of a company is set by the management to act as an overall plan on how a
company should move forward. Most of the policies in a company relate to internal activities
such as human resource management (Minavand & Lorkojouri, 2013). When HP acquired
Compaq, the company had to align its HR policies to the acquisition strategy. To link strategy
and HR policies, the human resource manager should implement policies which promote
competitive and attractive compensation packages to retain and attract talented employees.
However, this acquisition could have posed several challenges to the HR due to several
differences and expectations by the employees from Compaq and HP. Merge like the one of HP
and Compaq has adverse implications on the on the human resource in all companies across the
world (Mehta et al., 2015).
Acquisitions lead to uncertainty on how to handle HR issue...