Can you think of any companies that follow a lag and/or lead policy? Why do they believe it pays to pay differently? Can you think of any companies that follow performance driven and/or work/life balance policies?
Answer to relevant Questions1. To what extent is the renewed job growth in the automobile industry in the United States due to the use of two-tier wages? 2. To the degree job growth (and increased car sales that come from more competitive labor costs) ...Contrast pay ranges and grades with bands. Why would you use either? Does their use assist or hinder the achievement of internal alignment? External competitiveness? You supervise in a company that is a low payer relative to competitors. What things do you have control over to increase the likelihood that workers will feel fairly treated? We talked in depth about four ways to improve performance ratings. Pick one that you think shows the most promise and defend your position. Describe how a benefits program might increase worker attraction, retention, and motivation.
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