The purpose of this assignment is to choose a compensation philosophy that is appropriate for your chosen firm and articulate a rationale for this selection. There are two aspects to

The purpose of this assignment is to choose a compensation  philosophy that   is appropriate for your chosen firm and articulate a rationale  for this   selection. There are two aspects to this assignment. First, describe  the risks and   benefits with leading, meeting, and lagging the market in overall  compensation   and benefits. Next, choose the appropriate strategy (lead, meet, or  lag) for   your firm, and provide rationale about why this is appropriate. There is a minimum requirement of 500 words for the  compensation purpose   and strategy document. Consider some of the following factors in your  assignment: Any sources used, including the textbook,   must be referenced;   paraphrased and quoted material must have accompanying   citations in APA   format.