BUS 409 Analyzing Ford Motor Company's Compensation Strategy: Practices, Challenges, and Stakeholder Impact

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Running head: Compensation Practice1BUS 409Analyzing Ford Motor Company's Compensation Strategy: Practices,Challenges, and Stakeholder Impact

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Compensation Practice2Compensation PracticeBUS 409Name:Date:Briefly describe the company you researched, its compensation strategy, best practices they areapplying and compensation-related challenges they are facing?For my paper I decide to utilize Ford Motor Company this is a Company whichissituated in Dearborn, Michigan. They are the second biggest modern company on the planet,with incomes of more than 144 billion and around 370,000 workers. Portage Motor Companyconducts Operations that are extended to 200 nations. Despite the fact that Ford gets criticalincomes and benefits from its money related administrations backups, the organization's centerbusiness stays in the configuration and production of vehicles available to be purchased on thecustomer business sector. Since Henry Ford, the author of Ford Motor Company, consolidated in1903, the organization has created more than 260 million vehicles with high consumer loyaltyappraisals some of with are the best in the business (www.ford.com).In the last couple of years a portion of the organizations have been managing theabsolute most troublesome practical atmospheres as the world's economy keeps on evolvingquickly. This keeps on requesting increments in the charges of remuneration advantages bundles.This has pushed them into taking preventive measures to guarantee there pay strategies and

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