Number of Pages: 2 (Double Spaced)

Writing style:APA

Number of sources: 3

Your assignment is to write paper defining compensation, compensation philosophy, and critical components of a compensation strategy. Provide one solid example of an effective compensation practice/policy. Your paper will be graded on the following:
definition of compensation;
overview of compensation philosophy;
critical components of a compensation strategy; and
example of an effective compensation practice/policy.
Your paper must be prepared utilizing the APA format and should include external, academic-quality references.