When developing a compensation strategy and/or policies, how would you incorporate the concept of fairness

When developing a compensation strategy and/or policies, how would you incorporate the concept of fairness

The assigned article provides a comprehensive review of concepts that should be considered when reviewing, updating or developing total rewards and/or compensation strategie and policies. Read the article in its entirety and respond to the questions below.

  • 1- When developing a compensation strategy and/or policies, how would you incorporate the concept of fairness as it relates to remote compensation? Discuss how you would specifically articulate this in the strategy and/or policies and include details about how you would implement and communicate this to leaders, managers and employees.
  • 2- Choose one of the remote compensation strategies explained in the article and discuss how you will address the following situations in terms of how you will apply the policy and how you will communicate to affected employees and candidates. Include an explanation of the selected remote compensation strategy as part of your response
    —————The paper should be  three pages in length. Use 12-point font, Times New Roman font, no colors, 1″ margins all around, double-spaced. APA style.

Requirements: Three pages.   |   .doc file

Subject: Masters Management

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Answer preview for the paper on ‘When developing a compensation strategy and/or policies, how would you incorporate the concept of fairness’

When developing a compensation strategy

APA 1041 words

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