Examine the common elements of compensation packages.

Discussion 1:

“Compensation and Government Regulations” Please respond to the following:

  • Compare job-based pay with skill-based pay and provide an example of each. Determine which pay you would prefer. Support your decision.
  • Determine how government regulations affect compensation and if the regulations are needed. Support your position with examples.

Discussion 2:

“Compensation Packages” Please respond to the following:

  • Examine the common elements of compensation packages. Determine which two elements you believe to be the most motivational to an employee and to you. Support your position.
  • Compare team and individual bonuses and incentives. Determine which type of bonuses and incentives you would prefer. Support your position with examples.
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