Problem 1: Using the Pay Model, analyze a present or past employers pay. (If you have limited experience you may research a company and analyze their pay system). Make sure to address all areas of the Pay Model: Policy, Techniques, and Objectives.
Problem 2: What is compensation? How employee using pay model to apply in the real world?
Problem 3: What are those strategic perspectives that help the organization gain and sustain competitive advantage?
Problem 4: How to develop a total compensation strategy?
Problem 5: What are those tests to determine if a pay strategy is a source of advantage?