Definition of strategic compensation

What is your definition of strategic compensation? How do differing perspectives affect our views of compensation? How does collaboration among key stakeholders (i.e. HR, senior leaders, employees) create a more aligned and effective compensation strategy? For your initial post, do the following: ? Write a post of 1 to 2 paragraphs. ? In Module One, complete your initial post by Thursday at 11:59 p.m. Eastern. ? In Modules Two through Eight, complete your initial post by Thursday at 11:59 p.m. of your local time zone. ? Consider content from other parts of the course where appropriate.

Sample Solution

Definition of strategic compensation

A strategic compensation strategy guides an organization`s approach to managing total employee compensation. In the past, compensation may have been just a paycheck, but today it`s much more. Employees seek employers that not only pay them a competitive wage, but also provide benefits and programs which help them address other financial costs, such as healthcare and retirement plans. Organizations that have a strategic approach to compensation should use it to not only manage employee pay and benefits, but also to attract and retain talent. There are four perspectives of compensation: society, stockholder, manager, and employee. Each perspective creates a different idea of what compensation means to them and the organization.

006).
After George Orwell published the novel 1984, we started to compare this phenomenon, to a huge superpower, which observes every step of our life and made us paranoid. Most of the people associate the word ‘surveillance’ with something negative but it has a lot of positive effects which we all enjoy.

Security is a prerequisite of enforcing other values and rights. Physical security is of prime importance because it is not possible to enforce another right if the individual is not safe, that is, if something happens to him, for example he is being attacked, beaten, raped, or robbed (Shue, 1996). So, on this basis, we can say that physical security is not just an inalienable right of everyone, but a must and a priority for everyone. As mentioned in section 1, beyond physical security, your sense of security plays a very important role. Security policy is well designed when citizens feel safe. Living in fear can bring out the worst of the people; they can destroy a whole society, so security is not just the individual’s interest but the whole community’s. Furthermore, security is the foundation of the political community (Loader & Walker, 2007), among other things, that is why we give state the power, to create it. For example, according to Raab (2005), “safety state” is above all value. However, to create such a state, not only the rights of individuals and society as a whole should be limited but also the modern democratic society’s main values and the power of the leadership as well. Therefore, we have to ‘civilize’ (Loader & Walker, 2007) security. In line with the argument above, it is necessary to adapt to the jurisprudence of Western-style democracies more, and to incorporate to the political decision making (Székely, Somodi & Szabó, 2017).

Why does the government not use other legal channels against crime and terrorism can also be classified as privacy-related arguments. It is rarely heard that they are surveillance us for the fight against drug trafficking. In addition, there are many laws that just regulate that the authorities might seize the computers and mobile phones of potential criminals and terrorists. The question arises to why they should observe us then.

Most of the regulations and laws are not unlimited and have to be balanced with other rights. Take for an example when governments regulates our privacy. Governments are allowed to discipline drivers if they do not engage the seat belt. This is a little infringement into our privacy but no one argue that is a problem, because the most important rights still be respected and this regulation is protects’ us.

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