Question: What methods can be used to develop a structure for employee compensation? I.e. How you do determine the monetary value of each role in an

  • What methods can be used to develop a structure for employee compensation? I.e. How you do determine the monetary value of each role in an organization and determine who gets paid what? Feel free to use an example business or industry in your response. (Ch 11)
  • How does the determination of exempt or non-exempt status fit into the decisions about pay structure? (Ch 11)
  • What factors determine what "competitive pay" looks like in a geographic location? (Ch 11)
  • List and explain 3-5 pay programs for recognizing employee contributions to the organizations success. Include your opinion on which of these work best and why. (Ch 12)
  • Provide an overview of the theories that explain the effect of compensation on individuals. Which one do you feel is most common? (Ch 12)
  • How can an organization match their pay structure to the organizations strategy? (Ch 12)

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