These companies also possess a strong market presence

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These companies also possess a strong market presence and have relationships with customers. The FCC also regulates other wireless service proposals including customer bills, termination fees, and advertising. All these can cause compensation conflict due to required fees and services that all carriers in the market must contribute.
4.) Evaluate the effectiveness of traditional bases for pay at the company you researched.
Assignment 1: Compensation Management 6 now on a pay for performance and MBO compensation for meeting or exceeding performance measurements. Verizon still offers a competitive indirect compensation package matching gifts program through the Verizon Foundation, Healthy Pregnancy Programs for expecting mothers, discounts on Verizon products, and Employee Relief Funds for victims of natural disaster. Conclusion Verizon is a powerful wireless providers and a revolutionary company. It has made progress from bag phones to everything being at the palm of your hand making business and personal life easy through the touch of a button. Verizon’s future success will continue to grow partnerships and value to all customers. It’s principles and values have changed the way other competitors do business. Future efforts to improve the fairness in compensation from an executive standpoint still need to be addressed. References Meter, D. (2015, March 24). Verizon down in 2014 but execs way up. Retrieved October 31, 2015, from HR Management Guide. (n.d.). Retrieved October 31, 2015, from 2014 Annual Report. (2014, December 31). Retrieved October 31, 2015, from 2011 Annual Report. (2011, December 31). Retrieved October 31, 2015, from Stern, Z. (2014, May 21). Verizon Retail Workers Win Union Vote First To Do So. Retrieved Oc- tober 31, 2015, from Martocchio, J. J. (2013). Strategic compensation: A human resource management approach (7th ed.). Upper Saddle River, NJ: Prentice Hall / Pearson.
Assignment 1: Compensation Management 7

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