Context Compensation plans are an essential aspect of human resource management. They are designed to attract, retain, and motivate employees by

Context

Compensation plans are an essential aspect of human resource management. They are designed to attract, retain, and motivate employees by providing them with financial and non-financial rewards. In this discussion, we will explore the topic of compensation plans and employee motivation from a human resource management perspective.

Post a Response 

Based on your readings this week, respond to the following:

  1. Which motivational theory around employee compensation from this week’s reading resonates most with you? Why?
  2. How might employee motivation and retention differ in positions with job-based pay compared to positions with skill-based pay? Which structure do you prefer? Why?

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