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Response to the following questions: Research three US Fortune 500 companies Walmart Kelly Service Iheart Medi Discussion Questions: Companies focus heavily on cost savings strategies

Response to the following questions: Research three US Fortune 500 companies Walmart Kelly Service Iheart Medi


Discussion Questions:
Companies focus heavily on cost savings strategies to be competitive today. Identify both monetary and non-monetary ways of cost savings that would be relevant to a compensation person’s job.
You are a supervisor at a company that is a pay follower (pays lower than other organizations in the area). What things do you have control over to increase the likelihood that employees will feel fairly treated? Include how Colossians 3:23 guides our understanding of fair treatment of employees.

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Compensation Strategies Introduction Establishing an effective compensation strategy aims at managing employees organizational structure and financial resources Lack of an effective compensation strat... blur-text-image

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