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Compensation- DQ 1
Compensation is the method in which most organizations reward their employees' efforts. There are two basic compensation philosophies that lie on opposite ends of a continuum - the entitlement and the performance philosophy. Compare and contrast these two important philosophies and determine which should be the determining philosophy for most organizations, and why.
Benefits-Dq2
Benefits are indirect rewards given to an employee or group of employees for organizational membership. Their costs are rapidly increasing, causing many organizations to require employees to help pay for these benefits. Detail the role of benefits in an organization's overall compensation philosophy. Then, distinguish between those benefits that offer an employer a competitive advantage in the recruitment process (and thus should be a component of an employee's compensation package) and those benefits that do not offer an employer a competitive advantage.
Define the following terms using your text or other resources. Cite all resources consistent with APA guidelines.
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For each company you chose in Part 1 of this discussion, compare and contrast each sector of the framework and determine which key area(s) provides a competitive advantage. Provide at least two examples to support your position. 1 paragraph and ci..
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