Compensation for Employers

In this activity, you will write a paper (approx. 750-1000 words) discussing different strategies and approaches for compensation for employers. Please follow the instructions below.

Instructions

Write a paper (approx. 1000 words). What are the different strategies and approaches for compensation for employers? Identify a few different alternative compensation models. For example, competency based pay or merit pay, team or group based pay. List the pros and cons of each approach. Compare and contrast and give examples of implications of using different types of compensations. Use references to the materials you used and use APA style for referencing.

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