Context of compensation decision making


Please answer the follwing question:

Question 1: What is the meaning of strategy within the context of compensation decision making?

Question 2: What are the important organizational contingencies that may influence compensation decision making?

Question 3: What are the two broad goals of compensation and what levels of the organization should have the primary responsibility for achievement of those goals?

Question 4: Are there situations in which the "me too" compensation strategy continues to be a viable strategy? Explain.

Question 5: Is it true that variability in compensation strategy is likely to influence other human resource activities? Explain.

Note: Please show how you came up with the solution.

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Accounting Basics: Context of compensation decision making
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