Response to the following questions: Research three US Fortune 500 companies Walmart Kelly Service Iheart Medi

Discussion Questions:
Companies focus heavily on cost savings strategies to be competitive today. Identify both monetary and non-monetary ways of cost savings that would be relevant to a compensation person’s job.
You are a supervisor at a company that is a pay follower (pays lower than other organizations in the area). What things do you have control over to increase the likelihood that employees will feel fairly treated? Include how Colossians 3:23 guides our understanding of fair treatment of employees.

Answer rating: 100% (QA)

Compensation Strategies Introduction Establishing an effective compensation strategy aims at managing employees organizational structure and financial resources Lack of an effective compensation strat... View the full answer