Outcome # 1

Question 1

Strategic compensation

Answer 1

it is the compensation of employees in ways that enhance motivation and growth while aligning their efforts with the objectives

Question 2

Common goals strategic compensation program

Answer 2

1. To reward employees’ past performance
2. To remain competitive in the labour market
3. To maintain salary equity among employees
4. To mesh employees’ future performance with organizational goals
5. To control the compensation budget
6. To attract new employees
7. To reduce unnecessary turnover9

Question 3

Theorical explanation of motivating employees throuh COMPENSATION

Answer 3

Equity theory
pay///employers relative worth
Pay be equitable in terms of contributions of the job.

equitable relating with other employers
Individuals make comparisons

Question 4

Theorical explanation of motivating employees throuh COMPENSATION

Answer 4

Expectancy theory

employees should exert greater work effort if they have reason to expect
that it will result in a reward that is valued.

Question 5

Conditions for a reward to be motivated

Answer 5

1. high valence
2. compensation packages high instrumentally
3. expectancy.. goals challenging, must be attainable

Question 6

Hourly hour

Answer 6

Work paid on an hourly basis

Question 7

piecework

Answer 7

Work paid according to the number of

units produced