Compare and contrast the advantages and disadvantages of pay-for-performance and competency-based pay. What strategy would you recommend for your organization, and why?

After a brief introduction, explain how equal employment opportunity laws impact the organization’s compensation strategy.

Compare and contrast the advantages and disadvantages of pay-for-performance and competency-based pay. What strategy would you recommend for your organization, and why?

Explain how various motivational theories can factor into your development of a multi-generational compensation package for your whole organization that includes indirect benefits. Be sure to give specific examples of how different generations of applicants or employees will be affected.

Explain your proposed compensation package, which should include direct and indirect benefits and how the package will affect hiring and retention.

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