Key steps in designing a compensation/rewards strategy include: Question 15 options: a) Understanding the organizational psychology; improving working conditions; influencing productivity; improving employee well-being; allowing employees to actively contribute to the workforce and influence decisions b) Establish the organization's mission, vision, values; defining required attributes/qualifications of employees; creating intrinsic and extrinsic rewards; fostering positive attitudes in the workplace c) Define managerial strategy; create job descriptions; establish the organization's hierarchy; ensure basic needs are maintained d) Identifying desired employee behaviors; defining required attributes/qualifications of employees; understanding the needs of employees; ensuring employees value the rewards associated with the required behaviors; ensuring that desired performance leads to anticipated reward e) Establishing job descriptions; developing pay ranges; creating incentive plans; providing annual base pay adjustments; measuring performance