Discussion - position with a company An example would be...

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1. What does the following statement mean? My employer does not determine my salary, he determines where I work. Due to competitive markets one has the ability to sell their skills; this brings about a competitive array of compensatory packages, though in a down market there are often more candidates which can shift the power slightly. Though the employee has the ability to make demands and seek out the best job that will meet with his demands, once you are under the employ of a company they are able to dictate what your position details. 2. Why do you suppose that employees pay for general training and the employer pay for specific training with respect to the basic competitive model? General training allows the employee to be better suited for specific or specialized training upon taking a
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Unformatted text preview: position with a company. An example would be how I am taking classes to get my MBA in Accounting, though I have job experience and have gained generalized experience through school. Once I graduate and gain a position within the field I will receive training based on how the organization functions. Though, without the general training and knowledge it would be like being dropped in a foreign land with no knowledge of the language; you will not be able to go very far if you don’t understand what you are supposed to do. Reference Brickley, J. A., Smith, C.W., & Zimmerman, J. L. (2009). Managerial Economics and Organizational Architecture Fifth Edition. New York: McGraw-Hill Irwin....
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