Research Gulf States Toyota and evaluate the role of benefits in strategic compensation.
answer-
Gulf States Toyota Distributors is the United States' second largest franchised distributor of Toyota vehicles. The 154 dealers in the five states of Arkansas, Louisiana, Mississippi, Oklahoma, and Texas account for 13% of Toyota sales in the United States.
The company uses the strategic approach to attract and retain employees by using strategic compensation approach which is one of the main tool used in strategic HRM. In this approach company get the benefits because It helps the company to make an attractive compensation plan which involves base salary, perks, incentives and other benefits so that employees remain in the company for long period of time and stay motivated to increase sales of its Toyota vehicles.
After evaluating the site Glassdoor which is one of the famous site to get information about any employer or company. Gulf States Toyota have strategic compensation benefits and perks, including insurance benefits, retirement benefits, and vacation policy.
This all play very important role because this approach use to attract, retain, and grow talented employees while aligning their behaviors and job performance with the organization's goals and objectives.
the reviews which i can find on the glassdoor site are positive and employees are happy .this shows how this company values its employees and make strategic approach to compensate its employees in the company.
Research Gulf States Toyota and evaluate the role of benefits in strategic compensation.
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