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HRM 533 discussion 1 & 2 Pay Structures

Pay structure for retaining top top

HRM 533 Total Rewards

Week 7 Discussion 1 “Pay Structures”

1.) Justify how you would organize pay structure for top
executives and how it might differ from a pay structure for human resource
professionals or sales professionals within the same company. Debate the equity
of offering executives more lucrative pay structures and how that affects the
motivation of the lesser-paid professionals.

Week 7 Discussion 2: “Pay and Merit”

1.) Imagine your organization is in survival mode as it
tries to ride out the economic downfall. The organization has adopted a
strategy of 20% reduction in staff compensation in order to prevent layoffs.
It’s not plausible this strategy will retain top talent if it continues to be
the company’s strategy. As an HR executive at the company you have been asked
to develop a pay-for-performance strategy. Address how you would approach this
task and what you would propose.

Please note these are discussion questions not an
assignment. Also add references, also add The WorldatWork Handbook of
Compensation, Benefits & Total Rewards as a reference as well.

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