Developing A Reward Strategy T

Part I of Essay
hat Delivers Shareholder and Employee Value Today business faces the biggest and most difficult times ahead. With the ever changing moods and directions that business is taking almost daily, it is impossible to have a strategy set in place. There is no true "one way of doi ....

Part II of Essay
.... Aligned HR System Is The Key: An organization has various "levers" for developing Human Capital into competitive advantage as shown in Exhibit1. These must be properly integrated to work. Doing What has worked in the past will only lead to complacency. This figure demonstrates how to develop a working "culture". A culture designed to work faster, communicates more efficiently and gives a focused joint effort as a goal. Exhibit 2 presents a model for developing an integrated Hr approach to creating both shareholder and employee valu ....