Traditional and nontraditional compensation methods or strategies

Illustrate two traditional and two nontraditional compensation methods or strategies that an Enterprise can employ to attract and retain talent in their organization. Provide specific examples of how each might be used and a rationale for each choice.
As the Enterprise develops a compensation strategy for the newly structured organization, what are the main components they need to incorporate? What are the potential risks they need to mitigate? Provide specific examples and relevant details to support your response.