Kindly help me with Executive summary of this article 1. ABC INC. COMPENSATION STRATEGY To be considered effective, a compensation system must seamlessly align with the organization's overarching goals, strategically integrate with its structure, attract and retain highly skilled individuals, promote desired employee behaviours, uphold fairness principles, comply with legal requirements, operate within the organization's budget, and ultimately achieve these objectives at a low cost. In other words, it should seek to meet the eight key compensation system goals. The table below presents ABC Inc.'s current compensation strategy analysis in alignment with the eight goals. Table 1.1. EIGHT COMPENASTION SYSTEM GOALS - ABC INC. Goals Goals Details ABC INC Status ABC INC Results/ Challenges 1 Promote Achievement of organizational goals No Inefficient production process lack of innovation and creative ideas regarding the manufacturing and marketing unit outdated technology such as equipment malfunctions Inefficient workflow Labor shortage Lack of online presence in terms of consumer awareness. Operating in a competitive environment leading to competitive pressure 2 Fits with and supports Organization structure and Strategy No Lacks essential Benefits package such as indirect pay The compensation structure does not fit the organization strategy 3 Attract and retain qualified individual NO The compensation structure does not facilitate the Member