HRM 533 SU Management Executive Compensation Plan Discussion
Question Description
I’m working on a management discussion question and need the explanation and answer to help me learn.
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Discussion – Executive Compensation Plan
As an HR executive why would you make the effort to design an executive compensation plan? Because a well-designed plan rewards not only the executives, but also the shareholders. If a company’s executives are compensated fairly, it often means that regular employees receive fair and equitable compensation.
- Explain a minimum of two major executive compensation trends and challenges.
- Address how you would approach the development of a pay-for-performance strategy and what you would propose.
- Share your experiences in your narrative.
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