Address how you would approach the task and what you propose


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Imagine your organization is in survival mode as it tries to ride out the economic downfall. The organization has adopted a strategy of 20 percent reduction in staff compensation in order to prevent layoffs. It is not plausible this strategy will retain top talent if it continues to be the company's strategy. As an HR executive at the company, you have been asked to develop a pay-for-performance strategy. Address how you would approach this task and what you would propose.

The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.

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Microeconomics: Address how you would approach the task and what you propose
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