Strategic compensation for long-term success
Question: Why is strategic compensation important for the long-term success of a company? Provide detailed steps that company should take to create a long-term strategic compensation plan.
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You are the compensation manager for a start-up internet company. The CEO wants to know what the best pay level policy is for this organization.
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Why is strategic compensation important for the long-term success of a company?
Identify two ways an organization's compensation plan may be linked to key objectives, and explain how they could benefit the organization.
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