Fresh Munchables compensation system has stayed the same for many years. The newly hired chief human resources officer is stunned to discover how outdated it is, as the company has grown and changed significantly over the years. However, changing the companys compensation system is not cheap, and Fresh Munchables executive team is hesitant to act. What information could the chief human resources officer share to convince the executive team that building a new compensation system is worthwhile?

An aligned compensation system will improve performance, retention, perceptions of fairness, and efficiency.

An aligned compensation system will produce higher-caliber managers, directors, executive team members, and employees.

An aligned compensation system will improve diversity, company presence in the media, public relations, and costs.

An aligned compensation system will improve culture, morale, performance, and the companys brand.