Evaluate the current compensation philosophy for your organization or an organization of your choosing (from a third-person perspective). Write a
Evaluate the organizations current compensation philosophy and propose ways to enhance or revamp the current compensation philosophy to meet the changing needs of the organization and its employees.
Examine key 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 (i.e., they cannot have a compensation philosophy where they lead the market if the organization does not have the financial resources) that should influence this philosophy. The proposed philosophy itself should be no more than a short paragraph.
Identify the key factors that should contribute to the organizations development based on your proposed organizational philosophy.
Remember to write from a third-person perspective. Do not include wording like my companys philosophy is Instead include wording like XYZ Company Names philosophy is Remember to write about the company and the companys philosophy; do not refer to you or your connection to the company.
