Compensation Management and Incentive Pay” Please respond to the following:
- Select two (2) different organizations within the same industry. Research employee compensation for comparable positions within these organizations. Determine whether the compensation is similar between the organizations or there is a significant gap. Explain your findings, and suggest a rationale for any differences you find.
- Go to the Salary.com website and search the average salary for your current job title in your geographic area. If you are currently a fulltime student, search the average salary for a previous position you held. Next, use the results of your search to determine whether your actual current / past compensation is / was justifiable. Suggest one (1) method you could use to increase your compensation. Provide a rationale for your findings and suggestion.