Compensation Management

1. Why is internal alignment an important policy in a strategic perspective of compensation?
2. Discuss the factors that influence internal pay structures. Based on your own experience, which ones do you think are the most important? Why?
3. Internal structures are part of the incentives offered in an organization. Look into any organization: your college, workplace, or the grocery store where you shop. Describe the flow of work. How is the job structure aligned with the organization's business, the workflow and its objectives? How do you believe it influences employee behaviors?
4. What is the "just-wage" doctrine? Can you think of any present-day applications?
5. A typical structure within colleges is instructor, assistant professor, associate professor, full professor. Is this egalitarian or hierarchical? What added information would you need to decide? What behaviors by the faculty do you believe the structure influences? Is it aligned? Difficult to copy? Does it add value?