What is your definition of compensation

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Question: 1. What is your definition of compensation? Which meaning of compensation seems most appropriate from an employee's view: return, reward, or entitlement? Why do you feel that way?

2. What is the "network of returns" that your college offers your instructor? What returns do you believe make a difference in teaching effectiveness? What "returns" would you change or add to increase the teaching effectiveness?

3. Should pay increases be based on individual and/or team performance, on experience and/or continuous learning, on improved skills, on changes in cost of living, on personal needs, and/or on each business unit's performance? Defend your position.

4. Can compensation really be a source of competitive advantage? Explain.

Reference no: EM132695430

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