Compose a 2-3 page paper that addresses the exercise posed in â€œYour Turn â€“ Googleâ€™s Evolving Pay Strategyâ€ beginning on page 291 of the Mikovich text. APA formatting standards must be followed. A minimum of 3 scholarly resources from outside of class need to be used. Please donâ€™t plagiarized, also please refer to the below attachments for further assistance. Thanks
- What is Googleâ€™s pay level? How do you define and measure its pay level?
- Does your answer to the above question depend on what point in time it is answered? For example, what was Googleâ€™s pay level the day before it reprised employee stock options? What was Googleâ€™s pay level that day after it reprised employee stock options?
- Why did Google reprice its stock options and also give a 10 percent salary increase (in an era when 2 to 3 percent annual salary increase budgets are the norm)? Is it because its business strategy and/or product life cycle changed? Is it because it was concerned that employeesâ€™ perceived value of compensation did not match what Google was spending?
- Do you think Google has made the right choices in changing its compensation strategy? How much do these changes cost? How do these costs compare to Googleâ€™s total costs and operating income? Are these increased compensation costs likely to be a good investment? In other words, will they pay for themselves (and more)? Explain.