Does the organization have a compensation philosophy?

The following questions discuss the concepts covered in Chapters 1-4 in the textbook. Select the company you work for (if you do not work, select a company to research). Provide the name and briefly describe the company then answer the following questions (limit one page per question):

 

Does the organization have a compensation philosophy? If so, what is the philosophy and what are the strengths and weaknesses. If there is no philosophy, develop one.

Describe how the total rewards strategy is demonstrated in this company. How does the total rewards strategy allow this business to have a competitive advantage?

How does the total compensation program align with the core business values of the organization?

How does the compensation program support or not support the talent management system at the organization?

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