Discussion Board

Chapter 12 Discussion Board

Determining how much employees should be paid is not as simple as choosing a number. Organizations must consider the value of different jobs, legal requirements, economic conditions, and the organization's ability to compete for employees.

For this discussion, consider what makes a compensation system fair.

1. What factors should an organization consider when determining how much a job should pay?

2. How can economic conditions influence wages and an organization's pay decisions?

3. What should a company do if there are two employees that perceive the work they are doing to be the same, but there is a large disparity in their pay? 

Discussion Board Grading Rubric: 

· Minimum Word Count for Original Post: 250 Words

· Minimum Academic Citations Required: 1 (i.e. not Wikipedia). 

Textbook:

Noe, Raymond A. Fundamentals of Human Resource Management: 2024 Release. Available from: Yuzu Reader, McGraw-Hill Higher Education (US), 2021.

ISBN 978-1-265-80302-5 (bound)