Reference no: EM133635276
Discussion Post
Domestic companies use a variety of compensation methods, including several factors associated with pay methods, job types, duties, and performance. Respond to the following:
Question I. Describe the differences among the five pay methods listed; what is the general purpose for each: Base Pay, Pay Adjustments, Differential Pay, Incentive Pay, Special Pay Situations.
Question A. Select three of the pay types and provide a short scenario that describes how to use each of them appropriately.
Question II. Reflect on your current or past employment. Was the pay structure appropriate or would you suggest a change?
Question A. What change would you recommend and why?
Question B. If no change is suggested, discuss the factors you might consider, to affirm the current pay method.