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Unit 1 Compensation & Benefits (Example)

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Policy Issues Author’s Name: Institutional Affiliation: Policy Issues Policy issues are a set of decisions placed to solve particular problems. The four policy issues in the pay model are internal alignment external competitiveness employee contributions and management of the payment system. Internal alignment can be termed as the pay price for different skills in an organization. External competitiveness is the amount of pay offered by an organization in comparison to other organizations (Objectives of pay n.d.). Employee contribution is the sum of money paid to their beneficial programs. The goals of the employees pay include motivation. Money plays a pivotal role in ensuring that employees get motivated by working harder to earn more (Objectives of pay n.d.). The Second purpose for the objective of pay model is recruitment of new employees. product might experience low sales (Grood J 2008). On the other hand compensation cannot be a part of competitive advantage. Mainly compensation focuses on the internal issues within an organization hence do not affect the sales of companies in any way. Compensation in most cases only plays as an advantage to the managers employees and how the organization is run (Grood J 2008). An organization might have a well-planned strategy but the three tests are what depicts the sales of a company. References Cho Chang. Classification and Compensation Strategies. Retrieved from unpan1.un.org Accessed on 7/7/2017 Fapohunda Foluso. Human Resources Management (Best Practice VS Best Fit). Retrieved from academia.edu Accessed on 7 Grood D.-J. . (2008). TestGoal: Result-driven testing. Leiden The Netherlands: Springer. Objectives of pay. Retrieved from www.projectalevel.co.uk Accessed on 7/7/2017 [...]

Order Description:

Provide an APA formatted answer to each of the 4 questions.

Subject Area: Employment

Document Type: Paraphrasing

This project has already been completed by one of the Studybay experts. The client rated this project:

Project's rating is 5/5

Price $25

Words 825

Pages 3

Completed in 3 days

Expert Richard Y

Client Review

Delivered before the deadline.

Positive
07.10.2017

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