Alignment of HR practices with company mission (3-4pgs): How well is Bank of America's compensation packages tied to performance management practices?

Specifically, to what extent is Bank of America's priorities and strategic goals tied to compensable factors (i.e., how companies are rewarding employees for helping companies meet operational goals; how managers are being trained to ensure alignment)?

Have measures of this alignment changed because of the great resignation and labor shortage?

Have companies changed standards of performance within the banking and financial industry? If so, how?

What about telecommuting and hybrid work policies? Apply these points to Bank of America and the banking and financial industry. Please be as detailed as possible and please include at least 3-4 in text citations!

Answer rating: 100% (QA)

Alignment of HR Practices with Company Mission Bank of Americas Case This paper examines how well Bank of Americas compensation packages are tied to performance management practices particularly regar... View the full answer