Compensation

Rather, Equity, and the sense of fairness which commonly underpins motivation, is dependent on the comparison a person makes between his or her reward/investment ratio with the ratio enjoyed (or suffered) by others considered to be in a similar situation”(Balancing Employee Inputs and Outputs).

Thus, employers must know how the compensation they offer for critical positions differs with compensation for similar positions at other organizations in the market. Therefore, if an organization is recognized to be a great place to work in terms of factors such as training, resources, technology, work environment, staffing, and scheduling, the organization may be able to pay less than its competitors do within an acceptable range. However, if competitors are viewed more favorably as an employer, on the other hand, the organization will need to use compensation as its strength. Although, any strategy based solely on compensation will not succeed in the long run because a successful strategy combines market-rate compensation and a work environment that is competitively distinguishing and unique (Gering & Conner,

When making compensation decisions, whether it is internal or external, comparisons must be considered. However, employers must carefully balance pay structures, because internal and external comparisons may not converge. Therefore, employers may differ in the way they place priorities on internal and/or external comparison data when they are developing pay structures.

carefully planned out and considered, the total closure or failure of the organization could be at hand in the near future. In our modern age, employers know that salary is not the only factor that should be considered and that salary alone will not lead to better or more highly profitable workers alone. This is why compensation planning is important and why pay should have some connection between performance and compensation. This is why the human resources department should consider many monetary and non-monetary factors when considering how to properly compensate and motivate employees (Dessler, 2013).

A non-competitive compensation package however would result in making it harder for an organization or employers to attract and hire those with talent and skills (Ghosh&Satyawadi, 2013). As with everything else in this world, an attractive compensation and benefits package is subjective and is different from field to field. The compensation should also be in line with on the job factors such as difficulty, working hours and so

The issue of gender inequality in the workplace affects many. The issue of discrimination in wages has been an issue since women were allowed to hold a job and has continued, and possibly progressively gotten better, but it has also gotten progressively worse as it is easier to hide this

The Crucible by Arthur Miller was the fictional version of what happened in 1692 after 18 year old Abigail Williams decided she needed a 34 year old man. She was determined to do anything to get this man because she was in “love” with him. This man, John Proctor, had an affair with Abigail while he was married to Goody Proctor. Abigail wanted Goody dead so she could have John all to herself. That is how the whole Salem Witch Trials came about. Eighteen year old Abigail Williams is to blame for all the events of the Salem Witch Trials.

Regardless of the diverse composition of the workforce today -- in experience levels, gender, location, work style, or any number of variables -- a solid understanding of what launches top-flight individual contributions will be essential to developing an effective pay-for-performance strategy.

A different quote from a different reading from class that closely relates and further demonstrates this problem is about unequal pay. The quote reads “Many sociologists point to sex segregation, or the concentration of men and women in different occupations, as an important cause of the gender gap in earnings” (Giddens, Duneier, Appelbaum, Carr, 269, 270). It is obviously not fair that women and men get paid differently because of sex segregation. It should not matter if someone is a male or female. If the person is doing what they are supposed to be doing, I believe the pay should be the same between the

--Finally, some opine that employee pay should be tied in part to the compensation of the owner/chief operating or executive officer of the business, with the lowest paid employee being paid no less than a certain

Some organizations are unwilling to show their reward systems and pay policies (Lawler, 1995). Many Human Resources professionals believe gender pay gaps to be resolvable through the monitoring of pay levels and communication (Report on Salary Surveys).Greater pay transparency has been a great benefit to the board, employees and managers as they now know what is happening across the business and they are able to confidently justify their actions (Commission Policy Report).All market-related supplements are recorded and reviewed separately from basic salary to ensure openness and transparency. Regular research market rates within the various labor markets in which they operate is undertaken improving transparency would also help to improve talent development, as employees would be able to see what they could earn if they wanted to move to another division and upgrade their skill set. (Commission Policy Report).

All employees analyze their environment and strive to be recognized and rewarded for their hard work and dedication they put into the company, in a word they are seeking justice. Justice can be defined as a person receiving what they feel they are entitled to and if they do not receive what they deserve, the situation may boarder on injustice. Unfortunately in today’s society justice and appreciation are not given out to all those deserving (Pinder, 1998). Within the Equity theory there are three justice theories. The first of which is distributive justice, this touches on if the referent feels that the outputs are fair that are given to the employees. This comes into play

The organizational justice (OB, p. 256) is taken to extremes. Implementing the same reward through the company notwithstanding local market and standard of living, notwithstanding individual performance creates the feeling of inequity and does not encourage doing better than the average. Attempts to minimize sabotage appear to focus on treating employees fairly and honestly, by

The selection of this event for analysis is based on the fact that it is one of the largest conferences in the marketing area in the United Kingdom. The success of the event has been contributed by the fact that it was held annually for the last 9 years (Chauhan, 2015). The 2015 occasion marked its 9th occurrence. Also, the event brings together marketing professions from different countries. This facilitates the process of enriching the content and the importance of the event within the marketing spectrum globally.

The Crucible, a play written by Arthur Miller, centers around the Salem witch trials where many people in Salem, Massachusetts are put on trial after being wrongly accused of working with the Devil. Whether or not they are accused, everyone in the play must confront their own crucible, a severe trial that will reveal their true character. They must decide whether to be a bystander and do nothing to help the innocent, or to fight for justice against the court’s wrongdoings. Revered Hale first comes to Salem as an expert in witchcraft determined to find the truth. He is confident in his abilities and is prepared to undercover the truth. When people are first accused, Hale knows in his heart that they are innocent, yet does nothing to help because he is worried about his reputation. Throughout the play, Hale experiences a change in his character when he learns that doing the right thing is more important than people’s opinions of him. Hale’s character development throughout the play mirrors the central theme of The Crucible as he goes through a personal crucible. This severe trial will ultimately reveal his integrity and moral courage as a guilty conscience and meticulous self examination lead Hale to attempt redemption.