Review the components contained in ‘A Pay Model’ assessing the objectives, techniques, and policy components of the Pay Model. Based on your own experiences in the workplace, analyze how these three major components are linked together to establish the total compensation program . Evaluate the effect of these relationships on the culture and values of the organization. Include identified external and internal factors in your assessment.
Analyze how strategic total compensation perspectives reflect the organization’s culture and values.
Evaluate the internal and external factors effecting various pay structures and the pay model in organizations.
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