When trying to "manage" compensation and benefits, answer these questions:
1. What potential problems are associated with headcount reductions, especially as a form ofcost-savings?
2. When there is a headcount reduction, do you need to "worry" about the remaining employees? Why?
3. Is it ethical to "red circle" employees when wages are too high? Explain your answer.
4. If you were the leader of your compensation committee, how would you ensure pay equity exists between your female and male associates?
5. In your opinion, what is the most important benefit an employer can provide its employees?Why?