Question: C. Develop your Reward and Compensation strategy and then create template (s) (refer to Figure 6.2 , p. 224 as an example ) to indicate


C. Develop your Reward and Compensation strategy and then create template (s) (refer to Figure 6.2 , p. 224 as an example ) to indicate the comp mix for each job family. You will have 1 template for the pay for knowledge group and 3-4 for the JE groups . A brief rationale should be included (5-6 pages ) Develop your strategy by referring to the 5 steps in Figure 6.1 (page 189 ). Step C is actually the last step ; the reward and compensation strategy ; remember to use the steps you have learned in establishing the strategy for each group that differs in compensation strategy .(each job family ) The level and mix of compensation should be depicted in separate templates using the example in the text. You are not required to provide a detailed background of individual items under indirect pay but if you have specific ideas in this regard , you may do so
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