Question: 1- Explain in detail the Worldatwork Model. Definition and concept. Illustration in detail. Describe how each component should align with the organization's Strategy Step 1:

1- Explain in detail the Worldatwork Model. Definition and concept. Illustration in detail. Describe how each component should align with the organization's Strategy

Step 1: Understand organizational context: The reward system is part of the total organizational system, and must fit with and support the other parts

Step 2: Determine the mix of compensation components to include and total level of compensation components to include and total level of compensation to provide, relative to other employers Copyright

Step 3: Design your performance pay and indirect pay plans

Step 4: Key issues here include procedures for implementing the system, communication information about the system, dealing with compensation problems, budgeting, and controlling compensation costs

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