WAGE AND SALARY ADMINISTRATION
Pay Systems in U.S. Organizations
Address the following in a well-integrated analysis:
Conduct reading and research on wage and salary pay systems in private-sector organizations.
- What did you learn about internal and external pay equity? Does it appear that employees are compensated for the worth of their contributions or on other factors?
- Give examples of factors that are used to determine the level of pay employees receive and how pay increases are determined (provide employer names from your research).
- In your educated opinion, what factors do you think should be used to determine the level of pay and how pay increases are determined? Why?