Associated Objectives

• Differentiate between strategic and tactical compensation and between intrinsic and extrinsic compensation
• Identify the core elements of strategic compensation systems

You have been hired as a compensation consultant. Your client, a global technology company, has contacted you to help them create a comprehensive compensation plan. They require you to present your ideas to them. Using Power Point, create a presentation that explains to them the various pay methods that you have learned about in this module. 

Pay methods include – Seniority and levevity pay practices, merit pay, performance appraisal methods, incentive pay, person focused pay, job-based pay

Explain factors they should consider when choosing each method and conclude with your recommendation on the plan you would design for their organization.

Parameters

The presentation should:

• Be 10 to 15 slides in length (not including cover and reference slides).
• Include a balance of graphics and brief bulleted phrases to summarize your points.
• Include presenters slide notes for each slide to further detail the key text that is included on each slide.
• Integrate a minimum of three scholarly articles in addition to course resources.

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