Describe some categories of basis-for-pay of strategic pay

Question

Part one: Answer question, roughly 100-150 words, if you use resources, it must be site in APA

Discuss the key components of an international compensation program. Give an example of one of these components and how it has affected a company of your choice.

Part Two: Answer Questions, minimum of 200 words, must site every question and use APA

1. Describe some categories of basis-for-pay of strategic pay systems.

2. List the objectives of international compensation for an employee. Which of these would be the most important to you? Why?

3. Present the general objectives of international compensation for a firm.

4. Describe the advantages and disadvantages of the going rate approach to international compensation and the balance sheet approach.

Answer 1

Perform the following tasks as per the requisites and guidelines provided below: Part 1: Answer question, in approximately 100 to 150 words, if you make use of resources, it should be sited in APA. Illustrate the main components of an international compensation program. Provide an illustration of one of such components and how it has influenced a company of your preference. Part 2: Answer questions, in a minimum of 200 words, must site every question in APA style. a) Illustrate some classes of basis-for-pay of strategic pay systems. b) List the aims of international compensation for an employee. Which of such would be most significant to you? Explain why? c) Represent the general aims of international compensation for a firm. d) Illustrate the merits and demerits of the going rate approach to international compensation and the balance sheet approach.