Compensation management


Write a 3 – 4 page paper discussing the following information for your current organization or for a previous organization:


  • Discuss the organization’s vision, mission, and goals
  • Discuss any current issues or situations that the organization is facing; for example, are they facing a shortage of qualified workers; do they have high turnover; are they facing a particular economic issue?
  • What is the organization’s current overall compensation strategy (is it lead, match, or lag)?  What types of compensation and benefits does the organization offer?  How are these tied to the organization’s vision, mission, and goals?
  • Overall, what would you recommend to improve the current compensation strategy?  (Remember, compensation should be designed to solve problems for the organization

Overall suggestions for the paper:

Double-space the paper and use 11 or 12 point font Use headers for the major sections (for example, Current Issues, Current Strategy, etc

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