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Case Study Lowe's

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Case Study Lowe's
Lowe’s battles several compensation and benefit issues, which are not unique to the company. The issues include external competitiveness, internal equity, executive compensation, and employee recognition (McDonnell, n.d.).
Lowe’s HR staff is in a continuous battle to determine competitive compensation rates for employees in order to attract and retain high quality staff. At Lowe’s, attracting IT employees continues to be struggle, especially since competitive IT compensation rates often fall outside established company salary ranges. Equally, finding a balance within the company continues to be an HR challenge. Some industry recognized ‘hot skills’ in IT demand compensation that often exceed the salary ranges of the managers they report

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