Competency 1: Evaluate the components that comprise an effective total compensation program.
Describe a company for which a vision will be created.
Identify a business strategy aligned with a company.
Create guiding principles for developing a comprehensive compensation policy.
Assess the adaptability of compensation guiding principles to different economic conditions.
Describe an HR program aligned with a business strategy for a new company.
Explain how existing businesses in a company’s community affect the business strategy and compensation vision of the company.
Competency 2: Evaluate the components and implementation of base-pay programs.
Describe a compensation system aligned with a business strategy for a new company.