Answered step by step
Verified Expert Solution
Question
1 Approved Answer
1. Misalignment with Business Strategy: If the total rewards strategy is not aligned with the overall business strategy, it can lead to inefficiencies and confusion.
1. Misalignment with Business Strategy: If the total rewards strategy is not aligned with the overall business strategy, it can lead to inefficiencies and confusion. For example, if a company's strategy is to be a cost leader, but its reward system is heavily skewed towards high salaries, it may not be sustainable in the long run
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started