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MGMT Ashford University Manager Role in Establishing Compensation Strategy Discussion

MGMT Ashford University Manager Role in Establishing Compensation Strategy Discussion

Question Description

I’m working on a management discussion question and need an explanation to help me learn.

Total rewards is an organizational system of rewards that is inclusive of compensation, benefits, and any tangible or intangible items employees value and an employer provides to retain employees and reinforce preferred behaviors. These forms of compensation are broken down into two categories: direct (monetary) and indirect (non-monetary).

Discussion Question—Choose one perspective in which to respond.

Non-HR Perspective: What is the manager’s role in establishing a compensation strategy? How do managers influence the compensation process?

HR Perspective: Evaluate a current or past employer’s total reward strategy. What do you recommend/propose for your chosen organization?

400 words

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