Thomas Edison State University Compensation and Benefits Questions
Question Description
I’m working on a management project and need an explanation and answer to help me learn.
Compensation and Benefits
How does the HR department determine the pay structure policy for the organization?
- What factors does the organization consider when determining salaries and wages?
- Does the organization provide financial incentives for employee performance? If so, how is it calculated? If the organization does not provide any financial incentives, does the lack of this practice seem effective in supporting performance? Why or why not?
- What benefits does the organization provide employees? Are these perceived as adequate? Why or why not?
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