What are key areas HR and Executive Management must consider when designing an organizational strategy in the focus area of compensation including; pay structures, variable compensation, and employee benefit plans?

Compensation, employee relations

Many organizations and managers fail to develop a clear compensation strategy or, fail to align compensation and motivation practices with the overall strategy of the organization.

Based off of readings and your own experiences, discuss the design elements of an effective employee relations program. What should organizations consider when creating a career development planning model? What key success factors should be identified?

What are key areas HR and Executive Management must consider when designing an organizational strategy in the focus area of compensation including; pay structures, variable compensation, and employee benefit plans?

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