Explain to the board why a compensation survey is needed


Homework

For the purpose of this homework, imagine that you are employed as a compensation specialist by an organization that provides warehousing and distribution services across the United States. Your company also recently expanded operations into Canada. As a growing multinational enterprise, managers are concerned with keeping up with industry standards to maintain a competitive edge. You have been asked by your human resources (HR) director to develop a PowerPoint presentation for your corporation's board of directors in which you will propose a compensation survey that will help to determine the organization's pay structure.

In your presentation, you should explain to the board why a compensation survey is needed, how it will be conducted, and how it will help determine a pay structure of your choice for the organization. Discuss how international growth will play a role in this.

Format your homework according to the following formatting requirements:

(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.

(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

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Business Management: Explain to the board why a compensation survey is needed
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