Question: What is an example of differences in performance-based total compensation plans for any two organizations. The organizations must be in different industries, have different employee
What is an example of differences in performance-based total compensation plans for any two organizations. The organizations must be in different industries, have different employee groups, and utilize different pay strategies.
*** Do Unions have a role in any of the pay strategies.
Describe the pay strategies being used. Since the organizations have different employee groups, the key objectives for each group should be different. How pay is used to drive organizational objectives. Assess direct and indirect reward plans available to two types of employee positions. The total reward plans that are offered The similarities and differences that exist among the plans How well each organization's reward plan supports expectations Determine which organization has better aligned pay and rewards with key objectives.
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