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Unit 5 Contemporary Strategic Compensation Challenges

Unit 5 Contemporary Strategic Compensation Challenges

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<strong>Unit</strong> 5 <strong>Contemporary</strong> <strong>Strategic</strong> <strong>Compensation</strong><br />

<strong>Challenges</strong> //<br />

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<strong>Unit</strong> 5 <strong>Contemporary</strong> <strong>Strategic</strong> <strong>Compensation</strong> <strong>Challenges</strong> // In Chapter 12 you read how HR/<strong>Compensation</strong><br />

professionals create and design compensation and perk programs for their executives. This is designed to attract the<br />

brightest minds and strongest leaders to the organization to provide a strategic competitive advantage. Chapter 13<br />

discusses how HR/<strong>Compensation</strong> professionals create and design unique rewards systems for part-time employees and<br />

those processes where special needs for the organization must be met. Examples would be flexible schedules for<br />

working mothers and compressed work weeks for around-theclock operations that result in lower operating costs for the<br />

organization.<br />

Given the multiple issues surrounding these specialized compensation practices, several topics arise, one of which is<br />

listed below.<br />

Discussion Board:<br />

Address the topics below. In order to participate in a dialogue designed to explore the issues, be sure you respond to at<br />

least two of your colleague's responses for each topic. Also, make sure you respond to any questions others may ask of<br />

you during this week.<br />

Discuss the pros and cons of executive compensation. Is executive compensation to U.S. CEO?s too excessive or<br />

appropriate? Your response should be substantial in that it covers the assigned chapters and additional case. Be sure to<br />

include depth and creativity. Explain your answer. Discuss the pros and cons of executive compensation. Is<br />

executive compensation to U.S. CEOs too excessive or appropriate? Your response should be substantial in that it<br />

covers the assigned chapters and additional case. Be sure to include depth and creativity. Explain your answer.<br />

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