Question: Discuss why a compensation system must be viewed in the context of the total reward system. Suppose that management at Alliston Instruments (Appendix, p. 465)

Discuss why a compensation system must be viewed in the context of the total reward system.

Suppose that management at Alliston Instruments (Appendix, p. 465) has decided to scrap the current individual performance pay system. However, the company has not decided what, if anything, will replace this system and have called you in to advise them. They want you to examine the group and organization performance plans available and recommend the one that fits best with Alliston and the problems it is facing. In preparing your report, be sure to include the pros and cons of each approach and reasons that your recommended approach is the best. (18 points)

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2. Discuss why a compensation system must be viewed in the context of the total reward system.

Discuss why a compensation system must be viewed in the context of the total reward system. ( 4 points )