Read the Case Study: Pay Decisions at Performance Sports and answer the following questions:
QUESTION:
Discuss what factors and resources Perkins and Balkin should consider when setting the wage for the purchasing agent position. Cite relevant supporting examples from your course materials and this case study to develop your discussion.
Checklist:
Q1. Examine factors to consider regarding differing methods of structuring wages and compensation.
Q2. Analyze the merits of a pay-for-performance compensation package for the new purchasing agent position versus a traditional hourly wage.
Q3. Examine issues regarding equal pay as they relate to pay-for-performance compensation for one employee and hourly wages for other employees. (Would Perkins and Balkin be forced to do one or the other compensation plan or can
they do both methods simultaneously?)
Q4. Discuss the personal benefits and the steps involved in a high performance work system.