Must have book compensation management

 

 

 

 

 

 

Martocchio, J. J. (2013). Strategic compensation: A human resource management approach (7th ed.). Upper Saddle River, NJ: Prentice Hall.

 

 

 

 

Question 1

 

Discuss the differences between traditional pay systems and incentive pay systems. Which system would you prefer to be used at your company? Explain your choice.

 

Your response should be at least 200 words in length. You must use at least your textbook to complete this assignment. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. All references and citations used must be in APA style.

 

 

 

 

Question 2

 

 

 

Identify and explain the five key factors employers should consider when designing an incentive pay plan. Why are they an important consideration of the process? Do you need all five to be successful?

 

 

 

Your response should be at least 200 words in length. You must use at least your textbook to complete this assignment. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. All references and citations used must be in APA style.

 

 

 

Question 3

 

 

 

Why do companies adopt person-focused pay programs? What are the four models of person-focused pay programs?

 

 

 

Your response should be at least 200 words in length. You must use at least your textbook to complete this assignment. All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. All references and citations used must be in APA style.

 

 

 

 

 

 

 

 

 

Question 4

 

 

 

 

 

 

 

Explain what constitutes person-focused pay and the advantages and disadvantages for employees of these types of programs. How do these programs vary from merit based programs?

 

 

 

 

 

 

 

Your response should be at least 300 words in length. You must use at least your textbook to complete this assignment.All sources used, including the textbook, must be referenced; paraphrased and quoted material must have accompanying citations. All references and citations used must be in APA style.

 

 

 

 

 

 

 

 







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