Question: This week, we will focus on mapping compensation strategies. It should be pointed out that strategic maps provide a visual reference useful in creating a
This week, we will focus on mapping compensation strategies. It should be pointed out that strategic maps provide a visual reference useful in creating a compensation strategy that is focused and clearly understood by employees and managers. Using your job or responsibilities, utilize the concept of strategic mapping to provide a picture of your company's compensation strategy using the following 5 decisions contained in the pay model; objectives, alignment, competitiveness, contributions, & management (Exh
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