Comparative Analysis of Business Strategy and Compensation System in the U.S. Retail Industry

Abstract

With the development of today's world, all kinds of different life products and daily appliances are integrated into people's lives, and the recent boom in the retail industry is noticeable. With the development of the retail industry, this study would like to explore whether management compensation in the retail industry is reasonable. the paper selects three representative companies from countless retail companies to analyze whether their compensation standards are reasonable based on their performance in the industry and how their board compensation has changed over the past five years. The research chooses three representative companies, Costco, Target, and Walmart, listed the performance of their basic salary system in the past five years, and made a simple speculation based on the current situation of the retail industry. The research finds that the three enterprises have made corresponding salary system standards according to their different positions in the industry and, combined with their future development, make more reasonable salary standards.