fundamentals

1. Summarize (don’t copy word for word out of the textbook) the variety of person-focused pay programs. Of the different types of pay plans which one do you believe is more employee-friendly and why? Which plan do you believe is the least employee-friendly and why? 

2. Person-focused pay is becoming more prevalent in companies; however, person-focused pay programs are not always an appropriate basis for compensation. Discuss the conditions under which incentive pay is more appropriate than pay-for-knowledge pay programs. Include your justification.

 3. Based on your understanding of person-focused pay concepts, identify at least three jobs for which this basis for pay is inappropriate. Provide your rationale. Cite sources