Asked by Alyssa Clark on Jul 14, 2024
Verified
Strategic compensation links organizational goals with employee compensation.
Strategic Compensation
A method of designing and implementing compensation packages that aim to align employee rewards with business objectives.
Organizational Goals
Refers to the objectives or targets that a company aims to achieve, guiding its strategic planning and decision-making processes.
- Describe the theory of strategic reward management and its role in linking corporate objectives with staff performance metrics.
Verified Answer
MK
Mariam KeitaJul 19, 2024
Final Answer :
True
Explanation :
Strategic compensation is a method of aligning compensation plans with organizational goals and objectives to motivate employees towards achieving those goals.
Learning Objectives
- Describe the theory of strategic reward management and its role in linking corporate objectives with staff performance metrics.
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