Discussion Post: Compensation Strategies
Establishing Pay Rates
• Explain the two items on the report that you feel would be the most influential to a company EMPLOYING this position related to the position's compensation. How can this information be helpful to a company establishing pay structures? Describe in detail why these two items would influence the compensation of the position.
• Describe how you think this position should receive pay increases over time (consider different pay for performance strategies or seniority based pay increases). Explain a specific compensation structure that would motivate an individual in this position (utilize the motivation theory discussed in the text to support your response).
The response must include a reference list. Using Times New Roman 12 pnt font, double-space, one-inch margins, and APA style of writing and citations.