Compensation and Benefits. Ultimate Software and St. Jude Children’s Research Hospital.

Introduction

Many different organizations have different benefits and compensation strategies. The strategies deployed by various companies depend on various aspects that entail; reward programs pay scales and benefits packages. Most companies that have successful, well planned and organized compensation strategies are able to compete in the market for the best human resource available in the industry. Competitive organizations have found that the secret to protecting critical human resource capital is by motivation and having a good reward strategy that includes benefits and a good compensation strategy. Extensive research has shown that benefits and compensation heavily contribute to the attainment of the set organizational goals and objectives (D'Agostino 2013).
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