MNG4105 Compensation and Benefits

MNG4105 Compensation and Benefits

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For this research assignment students are required to choose an organization that they are familiar with and using the concept of strategic mapping, they are to describe their organization’s compensation strategy and compare it after researching the compensation strategies of Microsoft.
Utilize the concept of strategic mapping to provide a picture of a company’s compensation strategy (involves the five decisions contained in the pay model).
 Students must ensure that they: –

Review the key points of your company’s strategy.
What are the key variances associated with the strategies of your company (the company that you have selected) and that of Microsoft?

Lead a discussion with the relevant literature (theories) as to:

Why do these similarities and variances occur in companies’ compensation strategies?
How can maps be used to simplify and communicate compensation strategies to leaders? and to employees?