Homework: Journal Article Research and Analysis
Strategic compensation is a component of the human resource system. Organizations must determine the importance of many factors when choosing compensation and benefits. Write a three-to-five page essay (not including the title and reference pages) that summarizes the impact and effect of compensation within an organization. In addition to the introduction and conclusion, your paper should address the following:
• Examine how organizations determine the relative importance of compensable factors.
• Evaluate how compensation strategies tie into underlying corporate values.
• Analyze an example which demonstrates how an organization's compensation and benefits programs have been utilized to obtain corporate strategic goals.
Format your homework according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the homework, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.
Required Resources
Text
Read the following chapters in your text, Strategic compensation:
o Chapter 1: Strategic Compensation: A Component of Human Resource Systems
o Chapter 2: Contextual Influences on Compensation Practice
Martocchio, J.J. (2017). Strategic compensation: A human resource management approach (9th ed.).
o This text is a ConstellationTM course digital materials (CDM) title.
Articles
• Richards, D.A. (2006, May). High-involvement firms: Compensation strategies and underlying values. Compensation and Benefits Review, 38(3), 36-49,4-5. Retrieved from the ProQuest database.
• Weinberger, T.E. (1995, April). Determining the relative importance of compensable factors. Compensation & Benefits Management, 11(2), 17. Retrieved from the Proquest database.