According to Noe et al. (2021), the balanced scorecard approach is "a combination of performance measures directed toward the company's long-term and short-term goals and used as the basis for awarding incentive pay".

Do you feel that your organization's pay structure is in alignment with the organization's short-term and long-term goals? Why or why not?

Reference

Noe, R.A., Hollenbeck, J.R., Gerhart, B. & Wright, P.M. (2021). Human Resource Management: Gaining a Competitive Advantage. New York, NY: McGraw-Hill

Answer rating: 100% (QA)

Regarding our wage structure Im not fully clear about what our companys short and longterm goals are ... View the full answer