Evaluation Of An Organization 's Compensation And Rewards Strategy With Their Optimal Strategy

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Niagara College
Strategic Compensation in Practice
“Employer Analysis: Four Seasons”
By
Anurag

Course Number: MGMT 9800
Course Name: Compensation Admn
Professor’s Name: Prof. Mary Ann Lesperance
Date: 2016, June 02
Number of Pages:

INTRODUCTION
The purpose of this report is to determine a company’s optimal managerial strategy, and analyze and critique the ‘fit’ of an organization’s compensation and rewards strategy with their optimal strategy. The employer selected for this report is Four Seasons Hotel Limited.
Organization Overview
Four Seasons hotels and resorts is a Canadian international luxury, five star hospitality company founded by Isadore Sharp in 1961. The company was selected for this report of compensation administration because there is something appealing about this company. The fact that Four Seasons has been named one of the “100 best companies to work for” by Fortune every year since the survey’s inception in 1998 and that it has one of the lowest employee turnover rates in the hospitality industry makes this organization unique and in this report, we will try to understand how their managerial strategy and compensation mix play its role in the success of this organization.
Let’s analyze the contextual variables for Four Seasons:
Contextual Variables
1) Environment:
The organizational environment is considered anything outside the boundaries of the organization. The task environment includes

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