Posted: March 6th, 2014

Strategic Perspectives

 

Total compensation programs can be seen from many perspectives in an organization. Senior management may have a perspective which seeks greater productivity and efficiency from pay programs that are offered to employees. Employees may seek fairness and equity in pay and benefit programs. HRM professionals want more employee engagement and job satisfaction. Research pay programs from these three perspectives: the leadership team of an organization, workers, and Human Resource Management professionals.

Activity Resources:

Main Task: Assess Major Compensation Issues

Find recent journal articles and publications that provide current insights into each of these three perspectives. In a paper, compare and contrast these different perspectives and analyze how each of these three perspectives contributes to the pay strategy of an organization.

What do you think are the most important strategic compensation issues in the modern workplace? Why are these particular issues a challenge in today’s workplace? How have major compensation issues changed in the last 10 years?

Support your paper with minimum of five (5) scholarly resources. In addition to these specified resources, other appropriate scholarly resources, including older articles, may be included.

Length:  5-7pages not including title and reference pages

Your paper should demonstrate thoughtful consideration of the ideas and concepts that are presented in the course and provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and current APA standards. Be sure to adhere to Northcentral University’s Academic Integrity Policy.

Submit your document in the Course Work area below the Activity screen.

Learning Outcomes: 1, 4

 

Assignment Outcomes

Analyze various pay structures and the pay model.

Assess the role of performance measurement in compensation decisions.

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