Discuss Compensation Strategy and Compensation Practices

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Discussions Please note that the discussions are urgent only

1.Compensation Strategy

Discuss the general goals of an organization’s compensation system, including how a compensation strategy works to support the organization’s business strategy. Respond to at least two of your fellow students’ postings. 

2. Compensation Practices

Discuss the various factors that influence a company’s competitive strategies and compensation practices. Assess how a company can mitigate these factors using effective compensation practices. Respond to at least two of your fellow students’ postings.

Assignment – Can be completed by Saturday

Journal Article Research and Analysis

Using a variety of research techniques, write a 3-5 page essay that summarizes the impact and affect of compensation within an organization. This essay should be based on research obtained through a minimum of three journal articles.

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