If I were presented with an opportunity to work internationally after I had graduated and worked in the US for several years, there would be a number of factors I would consider before making my decision. The first factor I would contemplate when considering whether to pursue the opportunity would be the culture of the… Continue reading Country Differences in Compensation
Executive Compensation
The exponential growth of executive compensation is a highly debated topic in both business and politics. According to the Economic Policy Institute, CEO compensation has risen 940% since 1978 while worker compensation has only grown 12% in that time. This has contributed to widespread inequality and has helped the United States reach its highest level… Continue reading Executive Compensation
Benefits
Compensation negotiations are typically centered on pay raises and employee benefits. While some of these benefits are legally required in the United States, most of them are offered by employers to remain competitive in the job market. Benefits play a crucial role in attracting, retaining and motivating employees. While ranking my discretionary benefits by the… Continue reading Benefits
Person-Focused Pay vs Job-Based Pay at Amazon
Establishing a pay structure is an essential function of any business. Pay structures represent the framework for recognizing differences in employee contributions. It is very important that a firm compensates its employees according to their credentials, knowledge and job performance. Two popular pay structures include person-focused pay and job-based pay. Person-focused pay is based on… Continue reading Person-Focused Pay vs Job-Based Pay at Amazon
Employee Compensation as a Motivating Factor
One situation where someone I know was motivated by compensation was when one of my family members left their job as a manager at a major bank in order to accept another position at a health care company. She chose to leave her job and accept this new position regardless of the fact that the… Continue reading Employee Compensation as a Motivating Factor
Hello world!
Welcome to blogs.oregonstate.edu. This is your first post. Edit or delete it, then start blogging!