Compensation and benefits 2 questions
Question 1
- Three tests for any source of competitive advantage are align, differentiate, and add value. Discuss whether these tests are difficult to pass. Can compensation really be a source of competitive advantage?
Your response should be at least 300 words in length.
Question 2
- How are compensation strategy and HR strategy central to successful business strategy?
Your response should be at least 300 words in length.
References:
Milkovich, G. T., Newman, J. M., & Gerhart, B. (2014). Compensation (11th ed.). New York, NY: McGraw-Hill/Irwin.