Question: Q1. Why is the points system more often used by companies as compared to the other job evaluation systems? What are the advantages of the

Q1. Why is the points system more often used by companies as compared to the other job evaluation systems? What are the advantages of the points system? Q2. Variable pay relates pay to performance but still why do most companies pay wages and salaries instead of offering incentives for performance? Q3. Briefly describe the benefits that a company might offer to employees to provide them with greater financial security. Q4. In order to lower workplace accidents, what strategy will you develop and how will you implement it? Q5. Company A Compensation Plan: Annual Salary of $54,321+5% incentive for employees whose performance contributed to business success. Company B Compensation Plan: Hourly Wage Compensation of $24.60 + overtime payment for work in excess of 40 hours/week + Group health benefits (dental and vision care, disability insurance) As a candidate, based on the compensation which company would you choose to work in and why

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