Journal Problem Research and Analysis
Strategic compensation is a component of the human resource system. Organizations must determine the importance of many factors when choosing compensation and benefits. Write a five page E ssay (not including the title and reference pages) that summarizes the impact and effect of compensation within an organization. In addition to the introduction and conclusion, your paper should address the following:
1) Examine how organizations determine the relative importance of compensable factors.
2) Evaluate how compensation strategies tie into underlying corporate values.
3) Analyze an example which demonstrates how an organization's compensation and benefits programs have been utilized to obtain corporate strategic goals.
Textbook: Martocchio, J.J. (2017). Strategic compensation: A human resource management approach (9th ed.). Pearson.
The response should include a reference list. One-inch margins, Using Times New Roman 12 pnt font, double-space and APA style of writing and citations.