4-1
Discussion: Pay Structure Analysis
First, review the module resources
and consider the following scenario: You have been asked to evaluate whether
your organization’s current pay structure makes sense in view of what competing
organizations are paying. In your initial post to the discussion, address the
following:
How would you determine what organizations to compare
your organization with?
From an internal perspective, what are the potential
consequences of having a pay structure that is out of line relative to
those of your competitors? Consider the impact of pay and incentives on
employees’ motivation, engagement, and retention? Provide supportive
examples.
What recommendations would you provide to ensure
improved motivation, engagement, retention, and competitive advantages in
the marketplace?
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