Compensation & Benefits Class 700 words with referencesA strategic purpose for a well-blended compensation program, one that includes various types of direct compensation, is gaining employee commitment and productivity. One of the most effective tactics for this strategy is designing a process for linking individual achievement to organizational goals.Prepare a report to senior leaders addressing the following:· Explain the concept of tying performance to organizational goals.· Describe the different types of individual and group-level performance measurements.· What are the advantages and disadvantages of individual versus group-level performance recognition?· Discuss the options an organization has to link individual or group monetary rewards to organizational success.· Develop recommendations for how to implement, monitor, and evaluate such a program.
