compensation and benefits 22
Use the first chapter of the Milkovich book as a source of information for addressing these questions. Be sure, however, to add your own thoughts and ideas as well.
This first assignment is due on or before SUNDAY at 11:59 pm EST. Please attempt to keep your answers to a paragraph or two.
- Explain with examples the “total returns†people receive from work.
- Compensation for many people is an inherently personal and emotional issue. Express your opinion and give an example of how “taking compensation personally,†can play-out on the job.
- Explain the key elements of The Pay Model and how it can be used to develop an organization’s pay strategy.
- Can pay systems be effectively tailored to support differing business strategies? Explain your answer and give an example.
Book:
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