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A strategic purpose for a well-blended compensation program, one that includes various types of direct compensation, is gaining employee commitment and productivity. One of the most effective tactics for this strategy is designing a process for linking individual achievement to organizational goals.
Prepare a report to senior leaders addressing the following:
Assignment objective: Conduct structured interviews for the selection of human resources.
Develop a compensation plan for an organization that promotes both internal and external pay equity.
Discuss the elements of job analysis and job evaluation.
Identify the components of direct and indirect compensation.
Implement a system of selecting human resources that is both valid and reliable.
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