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Describe The Compensation Philosophy Paper

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Overview: This milestone focuses on the topic of this week’s lessons: compensating employees. Using the material on compensation provided in this week’s lesson and the case study, write a short paper in which you:  Describe the compensation philosophy of Maersk and how the market influences this philosophy.  Determine the value of salary surveys to an organization.  Describe the advantages of discretionary benefits to Maersk. Guidelines for Submission: Your submission should be two pages in length and double-spaced using 12-point Times New Roman font. Be sure to list your references at the end of your paper. This is important and should be followed. Instructor Feedback: This activity uses an integrated rubric in Blackboard. Students can view instructor feedback in the Grade Center. For more information, review these instructions. Critical Elements Exemplary (100%) Proficient (85%) Needs Improvement (55%) Not Evident (0%) Value Compensation: Compensation Meets “Proficient” criteria and description is clear and detailed Describes the compensation philosophy and describes how the market influences this philosophy Describes the compensation philosophy and describes how the market influences this philosophy, but description is cursory or inaccurate Does not describe compensation philosophy 46 Compensation: Salary Surveys Meets “Proficient” criteria and uses evidence to substantiate claims Determines the value of salary surveys, and describes the advantages of discretionary benefits Determines the value of salary surveys but does not describe the advantages of discretionary benefits Does not determine the value of salary surveys 46 …show more content…

n of Response Submission is free of errors related to citations, grammar, spelling, syntax, and organization and is presented in a professional and easy-to-read format Submission has no major errors related to

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