You have been given responsibility for setting up the compensation program for a new international venture. Explain what your three main focus areas are for this assignment?

Answer each question separately 350-400 words each question with 2 references for each question all in APA format. Must answer all questions and provide quality work. Graduate level work!

QUESTION 1:

You have been given responsibility for setting up the compensation program for a new international venture. Explain what your three main focus areas are for this assignment?

Be sure to cite your sources in APA style.

QUESTION2:

The practice of “pay for performance” represents one of the most significant and rapidly growing trends in compensation practices at all employment levels across globally managed MNCs. Please explain the main characteristics of this approach, and what you think are the limitations of this approach?

Be sure to cite your sources in APA style.