Analyzing the weight and motivation that compensation provides in an individual’s decision making.
By: Gage Ekström
Compensation can be a key attribute behind the decisions that many people make, and there are many different examples where this is evident.
For me, compensation played a key role in my decision when I was balancing multiple job offers and I needed to decide which one was best to commit to and sign on to. Through my analysis, all of the jobs had similar working hours, and mostly the work would be the same. While the company culture and location also played a role in my decision for where I should work, I would say that the biggest component that ended up guiding me to my final decision was the pay that I was offered.
The company that I chose to sign on with provided me with the highest offer I received. It beat out all of the other companies in pay, and I knew that working there I would be making more money then anywhere else that offered me. I think that compensation in this case played such a key role in my decision making because in today’s world money gets you everything. It allows you to eat, provides you with safe housing, transportation, and more. So knowing that I would be getting paid the most with this company also helped me know that I would be getting the most of all these other things as well.
While I do really like this company, the work they perform, and the location I will be working in, the higher compensation that came with this position helped grant me the security that it will provide me with a comfortable life and I will not have to struggle to get by.