You have been promoted to Director of Benefits and Compensation at your company. Your first assignment is to conduct an analysis of the company’s strategic approach to offering benefits and compensation. Management is concerned that a systematic approach has not been followed. [[You will work on this report throughout the semester.]] Part I of your strategic analysis should focus on: 

•Establishing a common, shared understanding of strategic compensation. (Define Strategic compensation.)

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strategic compensation means compensation practices in alignment with organizational goals in order to attract retain and motivate employees aimingat improving performance and productivity within the ... View the full answer