Chapter 2 discusses various compensation strategies. Specifically, throughout the chapter, the authors compare the compensation plans of two companies: SAS and Microsoft. Imagine you are the HR Director for Colby-Sawyer College, designing a new compensation plan.
1. Summarize the key points of the college’s compensation strategy. (To do this, ask yourself- what is the mission of the college? What are they trying to achieve? How do faculty and staff contribute to this? Based on this, what are the key strategies, outlined in chapter 2, that you would utilize?)
2. What are the key differences and similarities to the strategies of Microsoft and SAS?
Analyze the statement above and write a 3 to 4 page paper considering the topic. Support your conclusions with references from the textbook.Your essay should demonstrate thoughtful consideration of the ideas and concept’s that are presented in this course and provide new thoughts and insights related directly to this topic.Your response should reflect upper level undergraduate writing and current APA standards.