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What factors would you consider in making such decisions

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Reference no: EM131832005

Question: Part 1:

1. What factors should be taken into account in decisions about salary equity? For example, should a teacher and a truck driver be paid the same, or should a computer programmer make more money than a teacher? What factors would you consider in making such decisions?

2. What one or two job analysis approaches would you recommend on the basis of relevance or providing the best quality information for creating a job description? For efficiency/safety? For training? Why do you think your chosen approaches are best?

Part 2:

1. Is there a relationship between compensation and higher levels of employee performance? Please explain "yes" or "no" providing 3 reasons to support your position.

2. How does organizational market position influence compensation philosophy?

Reference no: EM131832005

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