HRMT415 Unit 3 IP

write 750 words:A 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.Assignment objective: Conduct structured interviews for the selection of human resources.Develop a compensation plan for an organization that promotes both internal and external pay equity.Discuss the elements of job analysis and job evaluation.Identify the components of direct and indirect compensation.Implement a system of selecting human resources that is both valid and reliable.