HR 3301 Chapter Notes - Chapter 3: Telus
Document Summary
Part 1: select an organization of your choice that has published its mission, vision, and/or value statements. Discuss your understanding of why these statements are important to the compensation system given the industry and the environment it operates. (5 marks) The value statement is importation to the compensation system because it guides the actions of the company based on its culture and believes. Moreover, it makes the company more attractive in the environment it operates in, thus attracting and retaining top talents. Telus claims to be a community- oriented firm that reinforces canadian cultural values and believes such as, diversity, acceptance, and inclusiveness. All employees that participate in corporate volunteerism do so for the monetary bonuses they receive for their contributions. When it comes to compensation, corporate values outline the steps that employees must take for a reward. Telus claims to be a community-oriented firm that promotes diversity and acceptance as a part of its culture.
