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Instructions Identify and discuss the building blocks and structural elements of a strategic compensation system in any private company of your choice you may use example of the company you work at or any other company; for example, Nestle, Google, Coca Cola, etc. Relying on professional knowledge or experience, company annual reports, or articles in newspapers and business periodicals, develop a paper that would address the following:. Part 1: Analysis of the company using the material presented in Chapter 1 of the textbook Provide a brief overview of the company being analyzed; Describe the category of the core compensation company uses; Identify and describe any adjustments to the core compensation that are available in the company; Reflect on the employee benefits available. In your opinion, what can be improved or changed in order to create an effective strategic compensation system? In what ways do you see the selected companys compensation system supporting its business strategy? Your submission should be formatted in APA style, pages long — excluding the title page and reference list. Use at least 2 additional sources other than reading materials to support your argumentation. Strategic Compensation.

What are the main companents of a strategic compensation strategy?

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What are the main differences between tactical and strategic compansation? What are internsic and extrinsic compensation factors? Describe intensic compansation options Strategic Compensation detail, and provide practical examples.

Describe extrisic compensation options in detail, and provide practical examples. Select tree intrensic compansation options, and explain how a retail store in Khobar can implement these to reach business objectives Select tree extrensic compansation options, and explain how a retail store in Khobar can implement these to reach Strategic Compensation objectives Describe the adjustments companies can make to base salaries Advise a hotel company in Dammam on the best way to incorporate Cost-of-Living adjustments in staff compensation.

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Advise on the best reasons to incorporate seniority adjustments in staff compensation. Advise on the reasons to incorporate merit adjustments in staff compensation. Mention positives Strategic Compensation negatives. Advise a construction group in Saudi Arabia on the compensable factors to learn more here, when determining base pay. What are the best combination of discetionary benefits, to attract and retain young Saudi HR Managers? Advise the General Manager of a pharmacy group on the elements of merit pay to motivate his retail staff. Advise the General Strategic Compensation of a grocery store on a goal-oriented performance appraisal plan. What are the major Steategic of using a behavioural based perforamnce appraisal plan? Advise the HR Manager on the elements that should be part of a merit pay system.

How can your company use a comparison system to Srrategic the pay adjustments in merit increases? Can behavioural systems help the HR team to implement a reward system that support Strategic Compensation in the company? What are the performance appraisal practices that should form part of the compensation plan? Evaluate the sources of performance appraisal information in a legal firm in Saudi Arabia. This is a notification that can be used for cookie consent or other important news.

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