Employee Compensation Questions and Answers

Employee Compensation

Compensation systems are those systems in which employees of organizations are given rewards by the organization for their efforts on its behalf. There can be financial and nonfinancial types of...

Latest answer posted March 13, 2013, 2:47 pm (UTC)

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Employee Compensation

The appropriate method of compensation would be different for these two types of workers because they do very different kinds of jobs. The ways in which they work, and the ways in which their work...

Latest answer posted November 27, 2012, 12:48 am (UTC)

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Employee Compensation

There are many issues that will help to define this future. Let us look at two. One will be the growing pressures from globalization. These pressures will force compensation professionals to be...

Latest answer posted September 29, 2012, 4:21 am (UTC)

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Employee Compensation

I assume that this question refers to the wages paid to coaches of state schools. It would not make sense if it referred, for example, to NFL coaches. I will base my answer on this assumption....

Latest answer posted December 6, 2012, 9:54 pm (UTC)

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Employee Compensation

The answer to this depends to some degree on the type of job in question. However, we can make some general observations that apply to most American jobs. The major global issue that affects...

Latest answer posted March 14, 2013, 4:10 pm (UTC)

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Employee Compensation

Merit pay systems work differently in different specific companies, but the basic idea of merit pay is the same in all companies. The general idea of merit pay is that employers identify certain...

Latest answer posted May 13, 2013, 10:47 pm (UTC)

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Employee Compensation

Sales compensation programs general work on a combination of straight salary and commissions and bonuses. The exact program will generally vary based on the type of firm and on the goals that the...

Latest answer posted May 13, 2013, 10:57 pm (UTC)

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Employee Compensation

One of the major reasons to reward employees is to motivate them to continue to perform well or to perform even better. In other words, rewards are not just about recognizing what employees have...

Latest answer posted August 25, 2013, 3:19 am (UTC)

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Employee Compensation

The most important reason for the variation in compensation between positions and between professions is supply and demand. In a free market economy such as ours, wages, like most prices, are...

Latest answer posted March 13, 2013, 2:34 pm (UTC)

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