Suppose that you are a HR Manager for the new firm newly opening its doors in the community. The owners have asked you to make the vision for reimbursing staff. They don't wish for specific policies, but guiding principles which will help them gather data and write specific HR policies later. Complete the following:
Explain the business in a paragraph
Make the list of necessary guideposts for creating the total compensation policy. In the vision, include statements which can be made public to customers and employees. Also consider whether the vision will be strategic in good business climates also downturns.
Describe the appropriate business response, HR program alignment, and compensation system for new business.