How should a HR Manager find out what employees value as rewards? Is it acceptable to ask employees directly? Discuss. Are other methods preferable? Which? Why?
2. Managers need to possess four key understandings in order to formulate an effective compensation strategy. Discuss how each understanding contributes to effective compensation strategy formulation.
3. Look at two jobs that you have held or are currently holding and discuss whether and how you would go about designing useful performance appraisal and merit system for them.
4. As a HR Manager who works for a company that does not have a compensation system in place, you started to work on that matter by creating a list of items a compensation should accomplish. list and discuss criteria for a good compensation system.
5. In your opinion what are the key forces that could trigger a need to adapt or modify the compensation system? Which of these do you think are the most important?
