HR Management Paper on Compensation Strategy

Compensation Strategy

As the company’s manager, I understand that employees are the firms’ key resources and the performance of the organization is centered on our ability as the employers to attract, retain, and motivate the illustrious, committed, and competent employees. An employee’s willingness to remain loyal to the organization and show appropriate citizenship behavior is highly dependent on the compensation packages offered by the organization. For the past few years that I have worked in the organization as a manager, I have come to note that hiring employees is the simpler part of engaging the workforce. Retaining them and keeping them motivated is a complex task because it involves understanding the satisfying the employees’ demands for the good of the …

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