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How to design a comprehensive compensation strategy
To understand how to design a comprehensive compensation strategy, you will apply
your learning to the selected case study.
Instructions:
Select one company to use throughout the course (the company information document
is attached to the assignment). You will use this company case study to apply your
learnings from the class
Record your name (Jen), the date, and the company name you have chosen for your case study on the title page of your paper. Answer the following questions for the case study you have chosen. Read all aspects of your case study carefully. Please make sure you address each question thoroughly and clearly. Each question should be at least 2-3 paragraphs to illustrate your understanding. Of the three generic business strategies that most organizations follow (costcutter, customer-centric, prospector, innovator, or something else), which strategy does your case study seem to fit and why? Review the following to help you.The linkages between business strategies, culture, and compensation using Miles & Snow’s and Hofstede culture framework in conglomerate firms, Three Compensation Strategies, and Tailor the Compensation System to the Strategy.What compensation objectives can you conclude from your case study. List several unique compensation objectives for your case study and explain why you have inferred your unique objectives.3) Review Formulating a Total Compensation Strategy and Contrasting Maps of Microsoft and SAS. Map a total compensation strategy for HRM307 – Compensation & BenefitsCase Study 1Copyright Post University 2022, All Rights ReservedCompetitiveness and Employee Contributions. Discuss your company’s profile in these two areas and explain why you have answered in this way. 4) In the case study you have selected, how might the company’s values be reflected in your compensation system design and why?5) Review Hierarchical versus Egalitarian Structures (Exhibit 3.6) and Layered versus Delayered Structures (Exhibit 3.7). What types of internal structures do you believe would fit best for your case study and why?Requirements:
Submit a Word document in APA format (double spaced with references and
APA in text citations).
Maximum 6 pages in length, excluding the Title and Reference pages.
At least two resources.
Be sure to read the criteria below by which your work will be evaluated before
you write and again after you write
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