Task: Describe the organizational philosophy of a real or fictitious company on compensation and pay strategy. Include the following information in your paper:
1. Company background information.
2. The number of years the company has been in business.
3. The type of industry.
4. The products and services offered.
5. The organizational culture.
6. The pay system.
7. The people who developed the pay system.
8. How long the pay system has been used.
9. The results of implementing the pay system.
10. Management's philosophy on compensation.
11. Relationship to the achievement of organizational goals.