Problem: Explain the four steps in formulating a total compensation strategy?
Address the question in a reflective manner and provide insight and depth regarding key concepts.
Examples are provided and clearly illustrate the steps
Clearly illustrate application and understanding of key concepts and not simply provide definitions.
Use this textbook to answer the question and reference Yap, M., Gerhart, B., & Newman, J. (2021) Compensation (6th ed.), McGraw-Hill Ryerson