Associated Objectives
Differentiate between strategic and tactical compensation and between intrinsic and extrinsic compensation
Identify the core elements of strategic compensation systems
In this assignment, you will research the compensation plan of an organization. Please describe the components of the plan in sufficient detail according to the parameters listed below. Discuss which components of the plan are strategic and which are tactical. Assess how the compensation plan aligns with the companys business strategy (i.e., mission, vision, etc.).