Compensation Philosophy
Prior to beginning work on this assignment, please review Chapter 11: Compensating Executives and Chapter 12: Compensating the Flexible Workforce, Contingent Employees, and Flexible Work Schedules. The compensation philosophy of an organization will impact the mission, vision, and overall goals.
For this written assignment, you are to conduct research on the current compensation philosophy for your organization or an organization of your choice.
In your paper,
Evaluate the current compensation philosophy for your organization or an organization of your choosing.
Discuss two recommendations to enhance or change the current compensation philosophy to meet the changing needs of the organization and its employees.
Examine two factors within the internal and external environment, including the mission and strategic focus of the organization, as well as the financial and cultural aspects of your organization that should influence this philosophy.
Describe one element that should contribute to the organization’s development based on your proposed organizational philosophy.
The Compensation Philosophy paper
must be 3 to 5 double-spaced pages in length (not including title and references pages) and formatted according toAPA Style
Links to an external site. as outlined in the Writing Center’sAPA Formatting for Microsoft Word
·Links to an external site. resource.
· must include a separate title page with the following in title case:
title of Compensation Philosophy in bold font
Space should appear between the title and the rest of the information on the title page.
student’s name
name of institution
course name and number
instructor’s name
due date
· must utilize academic voice.
See the Academic Voice
·Links to an external site. resource for additional guidance.
· must include an introduction and conclusion paragraph.
Your introduction paragraph needs to end with a clear thesis statement that indicates the purpose of your paper.
For assistance on writing Introductions & Conclusions
Links to an external site. and Writing a Thesis Statement
·Links to an external site., refer to the Writing Center resources.
· must use at least 2 scholarly and/or credible sources in addition to the course text.