Compensation & Benefits
Please read Chapter 1-Strategic Compensation (pages 2-20) before continuing your assignment. For your Unit 1 Complete assignment, you will write a narrative essay (minimum 1500 words narrative) in which you address and discuss the questions and statements listed below while conducting online research on the topics, including both company and non-company sources. Prepare each response in a third person, consultant point-of-view format. Include a minimum of at least four scholarly, peer reviewed articles (at least one minimum for each question below). Be sure to demonstrate a thorough understanding of the READ and ATTEND sections in your essay. Cite your sources in APA format with in-text citations, as appropriate, and place a single labeled reference listing at the end of the assignment to provide full credit to the sources utilized.
For the first two questions, read the case “Sportsman Shoes” on pages 21-22 of the textbook and think about organizational specific challenges and how they relate to compensation strategies. Answer the following:
- Following Sportsman’s shift in competitive strategy, what are some considerations for the human resource practices?
- What specific challenges will Sportsman face specifically in the area of compensation?
Other chapter topic questions:
- Discuss how a firm’s compensation strategy supports a competitive advantage.
- If compensation decision makers employ the key building blocks and structure of strategic compensation systems, what outcomes can be expected? How does this contribute to organizational effectiveness?
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