Provides fair pay – Providing a compensation package reduces the wage gap known to exist
amongst women, men and minorities. A fair compensation package offers pay based on
skills, performance and education.
Recruitment – selecting the correct candidates is important when building company morale
and being able to perform the job successfully. 37% of candidates decline job offers due to
compensation and benefits, while 50% of candidates choose between two positions based on
benefits and compensation as well.
DQ wk 6
Designing Pay Structures"
Please respond to the following:
From the case in Chapter 8, assume that John Shurtman has hired you as his human