Describe the compensation philosophy of Maersk and how the market influences this philosophy.

Please use Milestone Four Template provided.

Overview: This milestone focuses on the topic of this week’s lessons: compensating employees. Using the material on compensation provided in this week’s lesson and the case study, write a short paper in which you:

· Describe the compensation philosophy of Maersk and how the market influences this philosophy.

· Determine the value of salary surveys to an organization.

· Describe the advantages of discretionary benefits to Maersk.

Guidelines for Submission: Your submission should be two pages in length and double-spaced using 12-point Times New Roman font.

Be sure to list your references at the end of your paper. Submit journal assignment as a Word document.

Instructor Feedback: This activity uses an integrated rubric in Brightspace. Students can view instructor feedback in the Grade Center.