Type: Individual Project
Unit: Performance and Compensation
Due Date: Wed, 10/25/17
Grading Type: Numeric
Points Possible: 100
Points Earned: 0
Deliverable Length: 800–1,000 words
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A strategic purpose for a well-blended compensation program, one that includes various types of direct compensation, is gaining employee commitment and productivity. One of the most effective tactics for this strategy is designing a process for linking individual achievement to organizational goals.
Prepare a report to senior leaders addressing the following:
Explain the concept of tying performance to organizational goals.
Describe the different types of individual and group-level performance measurements.
What are the advantages and disadvantages of individual versus group-level performance recognition?
Discuss the options an organization has to link individual or group monetary rewards to organizational success.
Develop recommendations for how to implement, monitor, and evaluate such a program.
Please submit your assignment.
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