Explain to the board why a compensation survey is needed, how it will be conducted, and how it will help determine a pay structure of your choice for the organization. Discuss how international growth will play a role in this.
For the purpose of this assignment, imagine that you are employed as a compensation specialist by an organization that provides warehousing and distribution services across the United States. Your company also recently expanded operations into Canada. As a growing multinational enterprise, managers are concerned with keeping up with industry standards to maintain a competitive edge. […]