Compensation?

1.Describe how each type of pay-for-performance plan can help an organization attract and retain employees.

2. You may deal with employees who work for various business and companies from time to time. Do you feel that an employee’s compensation plan affects how he or she behaves to one another and to his or her customers? Why or why not? If the compensation plan does indeed affect behavior, how can the plan be improved?

3. You may deal with employees who work for various business and companies from time to time. Do you feel that an employee’s compensation plan affects how he or she behaves to one another and to his or her customers? Why or why not? If the compensation plan does indeed affect behavior, how can the plan be improved?

4. You are a supervisor in a company that is a low payer relative to your competitors. What are some things that you can do to increase the likelihood that workers will feel fairly treated? Do you feel that doing these things will improve the manner in which the workers treat internal and external customers? Why or why not?