Part I : Report [SK2, SD1: 10 Marks]

If your companys employee compensation is fair, it can be a useful tool to help you recruit and retain talent, increase employee morale and reward or encourage high performance. Having a well-designed compensation plan that ensures equity should be a high priority for all employers. Organizations need to align employee benefits to its business strategy and apply ethical standards for promoting good practices at workplace.

TASK:

Select any two organizations of your choice in the same industry. Carry out a research on the following aspects and present it in the form of a Report in Word.

1. Provide an analytical and comparative overview of their compensation strategies, discussing how these organizations have aligned employee benefits and rewards to their business strategy.
2. Discuss the initiatives of any one of the above organizations towards managing and emphasizing ethical behavior at workplace.