Discussion Post: Compensation
Total rewards is an organizational system of rewards that is inclusive of compensation, benefits, and any tangible or intangible items employees value and an employer provides to retain employees and reinforce preferred behaviors. These forms of compensation are broken down into two categories: direct (monetary) and indirect (non-monetary).
Non-HR Perspective: What is the manager's role in establishing a compensation strategy? How do managers influence the compensation process?
In developing your response, you want to consider some of the following elements: legal consideration, diversity of employees (e.g. multiple generations in the workforce), motivation, recruitment and retention, sustaining performance, challenges, and various employee classifications (executive, professional, international, etc.).
The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.