Compensation philosophy Research Assignment

Compensation philosophy
Compensation philosophy

Compensation philosophy

The purpose of this assignment is to choose a compensation philosophy that is appropriate for your chosen firm and articulate a rationale for this selection.

There are two aspects to this assignment. First, describe the risks and benefits with leading, meeting, and lagging the market in overall compensation and benefits. Next, choose the appropriate strategy (lead, meet, or lag) for your firm, and provide rationale about why this is appropriate.

There is a minimum requirement of 500 words for the compensation purpose and strategy document.

Use at least three (3) quality references Note: Wikipedia and other related websites do not qualify as academic resources.

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