You have new items in your feed. Click to view.
Question and answer
Explain how strategic compensation ties to the organizations’ strategic HR goals.
Compensation is one of many human resource (HR) tools that organizations use to manage their employees. [ For an organization to receive its money’s worth and motivate and retain skilled employees, it needs to ensure that its compensation system is not an island by itself. Not only is it important for an organization to link compensation to its overall goals and strategies, it is important
that its compensation system aligns with its HR strategy. Too many organizations plan and administer their pay systems by default; or worse, fall back on “the squeaky wheel gets the grease” practices. More than any other area in HR, ignoring pay and performance systems can be devastating. It is a very expensive and laborious process to hire new employees, buy back trust of current employees and renew the organization’s energy and motivation level. By ignoring this issue, it does not go away or get better with time. It will take extra money and valuable resources to fix the system. Smart, successful organizations do regular planning and evaluating of their compensation and performance appraisal systems. Because compensation is visible and important to employees, it is critical to consistently communicate a clear message regarding how pay decisions are made. In short, a solid pay-for-performance strategy requires that employee pay matches the organization’s message. ]
Expert answered|matahari|Points 2388|
Question
Asked 9/4/2013 6:23:32 PM
0 Answers/Comments
Get an answer
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
26,601,507 questions answered
Popular Conversations
y varies directly with x and has a constant rate of change of ...
Weegy: we can model this in terms of a linear equation. y=mx+b Since the question states that y varies directly with ...
12/8/2016 11:22:54 AM| 2 Answers
Solve (x + 1 -3). User: What is the GCF of the trinomial? 3x^2 - ...
Weegy: The GCF of the trinomial 3x^2 - 15x - 42 is 3. User: , write the equations of the line passing through the ...
12/8/2016 11:16:05 AM| 2 Answers
6% of what number is 270?
Weegy: 270 * 6 = 1620 A number divided by six is 270. The number is 1620. User: Find 5% of $32.68. Weegy: 5% of ...
12/8/2016 5:50:27 PM| 2 Answers
To form the comparative degree of adverbs, you should add which of ...
Weegy: Mikhail Gorbachev is responsible for glasnost, which called for openness and self-criticism in Soviet affairs. ...
12/9/2016 8:33:19 AM| 2 Answers
Weegy Stuff
S
P
Points 178 [Total 450] Ratings 1 Comments 168 Invitations 0 Offline
S
P
Points 91 [Total 523] Ratings 0 Comments 91 Invitations 0 Online
S
Points 56 [Total 56] Ratings 0 Comments 56 Invitations 0 Offline
S
P
P
Points 51 [Total 730] Ratings 0 Comments 51 Invitations 0 Offline
S
Points 29 [Total 305] Ratings 0 Comments 29 Invitations 0 Online
S
Points 10 [Total 10] Ratings 1 Comments 0 Invitations 0 Offline
S
Points 8 [Total 8] Ratings 0 Comments 8 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
S
Points 1 [Total 1] Ratings 0 Comments 1 Invitations 0 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.