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Compensation Strategy Options

In: Business and Management

Submitted By jmpinoy13
Words 2629
Pages 11
A. Scenario

As a member of the human resources department in a manufacturing organization with 120 employees, you have been asked to evaluate different compensation strategies that are available for adoption within your organization. Compare and contrast at least three compensation strategies and determine recommendations for how they may be implemented within your organization.

Name: Henry Rivera
I.D. #: 000318961
Reference Title
Finding #1
Godfrey, W. (2013, January). Compensation Strategy for Success. Prezi. Retrieved from
Sager, Suzanne. (2011, September). Merit Pay Most Often Used in Compensation in Public and Academic Librarians. Library Worklife. Retrieved from
Ojimba, E. (2004, November 15). Salary Basics – Developing a Strong Compensation Strategy. for Business. Retrieved from

Finding #2
McGladrey. (2011). Lessons from Recession Increasing Focus on Incentive Compensation Programs. Retrieved from
University of Wisconsin – Green Bay. (2013, April 9). Compensation Philosophy. Retrieved from

Finding #3
Gerhart, B., Milkovich, G.T., & Newman, J.M. (n.d.). Compensation Strategy. Answer, McGraw Hill. Retrieved from
Fogleman, S. (2004, November 15). Creative Compensation. WesternDairy Business Magazine. Retrieved from
Hausser, D. & Lebing, K. (1996, April)....

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