Philosophy of Compensation
The company’s mission and vision statements reflect its core values. For the same reason, having the right vision and mission statement is of outmost importance as it serves as a guiding principle for organizations to be able to stay focused on what they intend to do and how they should do it . Most organizations that have aligned their activities on their vision and mission statements have gained satisfactory results. Part of an organization’s strategic development is the setting of goals in line with their core business. For example, a product manufacturer would ask, what is the purpose Continue reading...