I’m trying to study for my course and I need some help to understand this question.
In a 3-5 page paper, outline the current compensation philosophy for
your organization. Evaluate this current philosophy and propose ways to
enhance or revamp the current compensation philosophy to meet the
changing needs of the organization and its employees. Identify key
factors within the internal and external environment including the
mission and strategic focus of the organization, as well as the
financial and cultural aspects of your organization (i.e., you cannot
have a compensation philosophy where you “lead” the market if your
organization does not have the financial resources) that should
influence this philosophy. The proposed philosophy itself should be no
more than a short paragraph. The remaining portion of your paper should
be devoted to supporting your choice of that philosophy within your
chosen organization by identifying the key factors that should
contribute to its development.
MUST BE APA
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