how organizations determine the relative importance of compensable factors. 

/in /by

Required Resources

Text

Read the following chapters in your text,  Strategic compensation :

· Chapter 1: Strategic Compensation: A Component of Human Resource Systems

· Chapter 2: Contextual Influences on Compensation Practice

Martocchio, J.J. (2017).  Strategic compensation: A human resource management approach  (9th ed.). Retrieved from https://content.ashford.edu

· This text is a ConstellationTM course digital materials (CDM) title.

Recommended Resources

Articles

Richards, D.A. (2006, May). High-involvement firms: Compensation strategies and underlying values. Compensation and Benefits Review, 38(3), 36-49,4-5. Retrieved from the ProQuest database.

Weinberger, T.E. (1995, April). Determining the relative importance of compensable factors. Compensation & Benefits Management, 11(2), 17.  Retrieved from the Proquest database.

Websites

You will find a list of websites that you may find useful in the Course Materials section.

Week 1 – Assignment

Journal Article Research and Analysis

Strategic compensation is a component of the human resource system. Organizations must determine the importance of many factors when choosing compensation and benefits. Write a three-to-five page essay (not including the title and reference pages) that summarizes the impact and effect of compensation within an organization. Your paper should be written in a scholarly third-person tone; it should be in APA format. In addition to the introduction and conclusion, your paper should address the following:

1. Examine how organizations determine the relative importance of compensable factors.

2. Evaluate how compensation strategies tie into underlying corporate values.

3. Analyze an example which demonstrates how an organization’s compensation and benefits programs have been utilized to obtain corporate strategic goals.

In addition to the text, cite at least two scholarly references to support your discussion.

Carefully review the Grading Rubric  (Links to an external site.)for the criteria that will be used to evaluate your assignment