Free compensation philosophy Dissertation Example

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Category: Business
Subcategory: Communication
Level: College
Pages: 7
Words: 1925
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Compensation Philosophy-Nike Inc. Student’s Name Institutional Affiliation Course Date Compensation Philosophy-Nike Inc. Compensation philosophy is an official statement which documents the position of a given organization concerning their worker's compensation. The compensation philosophy establishes a unique framework which guarantees there is consistency in the manner that benefit of an employee in the organization is done. Therefore, the compensation philosophy makes sure that an organization has a formal approach for payment. The Human Resource Department as well as the executive management must synergistically create a robust strategic philosophy for compensation concerning their company. In many cases, compensation philosophies are mostly based according to many factors that include the company’s financial position, essential objectives of the company, data that is derived from the salary surveys as well as the specific industry that the organization operates in. I...

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