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Unit: Developing Incentives Plans
Deliverable Length: 400–600 words
Direct and Indirect Compensation
Organizations must make strategic and tactical decisions regarding a complete compensation and benefit package to ensure recruitment and retention of employees who perform well in their positions.
Primary Task Response: Within the Discussion Board area, write 400–600 words that respond to the following questions with your thoughts, ideas, and comments. This will be the foundation for future discussions by your classmates. Be substantive and clear, and use examples to reinforce your ideas:
- Discuss the purpose of compensation and benefits from the organization’s viewpoint.
- Provide examples of strategic and tactical recommendations that an HR specialist might make to senior leaders with regard to direct and indirect compensation.