HRM Discussion question 2

Question 1: Compensation, Benefits, and Retention

What is the relationship between  compensation and employee retention?  Do employees stay with  organizations based on salary?  Do they leave organizations because of  compensation factors? How do benefits impact retention?  Use the  articles and resources provided to support your ideas.

Question 2: Monetary and Non-Monetary Rewards and Motivation

Part A: Explain the concept of a Total  Rewards Philosophy. Discuss the difference between rewards and  compensation. Why is it important to understand what motivates  employees? Why do organizations provide both monetary and non-monetary  rewards to employees? Use the articles and resources provided to support  your ideas.

Part B: Of the benefits discussed in chapter 7, list the ones you consider essential. Why are these benefits important to you?