Please read instructions below:
2 FULL Pages
FORMAT: PLEASE TYPE EACH QUESTION AND THEN PROVIDE THE RESPONSE:
Market-Based Compensation Systems; Impact of Compensation Decisions
Session Long Project
Aren’t Employees Ever Happy with Their Pay?
Describe your personal experiences (or a friend’s experiences) with an organization’s pay system.
In your opinion, did the system possess internal and external equity (i.e., were employees compensated fairly)?
What factors determined the level of pay employees received and how pay increases were determined?
What factors should have determined the level of pay and how pay increases were determined?
Discuss whether or not the pay system motivated employees to increase their productivity levels.
What improvements do you suggest be made in the organization’s pay system?