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help lila respond with a positive feedback and a questionCompensation scorecards are a tool used by organizations to align business strategy with compensation. It can
help lila respond with a positive feedback and a questionCompensation scorecards are a tool used by organizations to align business strategy with compensation. It can be more clearly defined as a tool that "collects and displays the results for all the measures that a company uses to monitor and compare compensation among internal departments or units" (Snell 363). This demonstrates how the scorecard is used to be a comparative feature to reinforce the desired outcomes of an organization. Not only this, the compensation scorecard can also help to align a company's strategy with its compensation system. Companies who do not utilize a compensation scorecard "often struggle to know if the promotions, raises, bonuses, and pay adjustments they make are in line with the rest of the organization and its strategy" (Snell 363). This demonstrates how without the use of a scorecard, the goals of a business may get lost in alignment with compensation. However, in using a scorecard, transparency in how people are rewarded, in terms of the company's money, are clear. All in all, measuring incentives along with company objectives is a simpler task when compensation scorecards are put into play
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