GM 565 Week 2 Discussion | Franklin Pierce University | Assignment Help
- franklin-pierce-university / GM 565
- 10 May 2021
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GM 565 Week 2 Discussion | Franklin Pierce University | Assignment Help
2.1 Discussion - Team 3
https://franklinpierce.instructure.com/courses/7466/files/991743/preview
This week and going forward discussions will be in small groups (teams).This
will allow you the opportunity to discuss in more depth each week’s topic(s)
and will also allow you to get to know some members of your class better.
Team 1:
*Leader: Jennie
Members: Robin, Rachel, Angela
Team 2:
*Leader: Michelle
Members: Charles, Marlen, Jane
Team 3
*Leader: Sarah
Members: Morgan, Allison, Dan Melody
*Discussion Leader Role and Responsibilities:
To foster and facilitate dialog and discussion among the team.
1.
Encouraging everyone to post their first
response to the by end of day Wednesday
2.
Encourage everyone to at least two posts
throughout the week.
3.
Post questions, comments, etc…food for
thought.
DISCUSSION TOPIC: “Developing a
Compensation Strategy”
1) Assess
Does the current compensation strategy align to the organizational strategy?
Where are there disconnects?
2) Define or refine
Compensation Objectives
What are your organizations
Compensation Objectives?
Sample
Objectives:
a) Attract Top Talent *
b) Retain & Reward Top Talent *
c) Be Compliant with Federal and/or Local Laws
d) Maximize ROI
*may be for a specific role or function
3) Define or refine
Compensation System, using
"Tailor the Compensation System to the Strategy" - Exhibit 2.3 (see
below)
What are or should be the key attributes of
your organizations Compensation System?
4) What are the key differences & similarities in your
organization’s strategy compared to the strategies of Microsoft and SAS? - See
Exhibit 2.8 below
5) Read the postings of others in your team and provide feedback and/or
suggestions on their analysis.
https://franklinpierce.instructure.com/courses/7466/files/991641/preview
https://franklinpierce.instructure.com/courses/7466/files/1012496/download?wrap=1
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