Question: 1. a. What are the main differences between Compensation and Performance based compensation (incentives)? b. Why do companies incorporate both compensation and performance-based compensations? c.
1. a. What are the main differences between Compensation and Performance based compensation (incentives)? b. Why do companies incorporate both compensation and performance-based compensations? c. Are monitory incentives better than non-monitory incentives? Justify your reasoning. d. Prepare compensation and incentives program for following jobs? (Research published pay surveys and prepare your program based on Canadian market conditions). Provide your sources. i. Accountant CPA (with 2 years experience) ii. HRM graduate student (just graduate with some part time experience) 2. a. For the following position go through the human resources process of A) Recruitment, B) Selection C) Developing and D) evaluation i. Public transport bus driver ii. Athletic coach iii. Assembly work iv. University instructor
b. For two of the above positions discuss advantages and disadvantages of internal or external recruitment?
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