Welcome to week 1, discussion 1. When it comes to compensation, organizations have to find a way to differentiate betwee

[answerhappygod]

Welcome to week 1, discussion 1. When it comes to compensation,
organizations have to find a way to differentiate between
seniority, experience, knowledge, skills, and abilities, for any
given job. If they did not, theoretically, everyone could be paid
exactly the same as his/her colleague for a given position. As we
know, not all jobs are created equal, but all jobs are vitally
important in the functioning of the organizational structure.
Hence, the reason for salary ranges and pay bands.
For this discussion, Introduce yourself to your classmates with
your name, location, current employment, and future goals. Then
answer the following questions:
1. When looking at job options, what are the top three compensation
factors that influence your decision?
2. How are those factors different from what they may have been
five years ago?
3. As you change, your compensation interests change as well.
What do you think some of the changes are that have impacted your
top three compensation factors?