monetary and non-monetary ways of cost savings
Please answer each question separately. Each question must be 250-300 words each. Please be plagiarism free and also make sure sources are cited APA.
1. Companies focus heavily on cost savings strategies to be competitive today. Identify both monetary and non-monetary ways of cost savings that would be relevant to a compensation person’s job.
2. You are a supervisor at a company that is a pay follower (pays lower than other organizations in the area). What things do you have control over to increase the likelihood that employees will feel fairly treated? Include how Colossians 3:23 guides our understanding of fair treatment of employees.
1. Companies focus heavily on cost savings strategies to be competitive today. Identify both monetary and non-monetary ways of cost savings that would be relevant to a compensation person’s job.
2. You are a supervisor at a company that is a pay follower (pays lower than other organizations in the area). What things do you have control over to increase the likelihood that employees will feel fairly treated? Include how Colossians 3:23 guides our understanding of fair treatment of employees.
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