What is the difference between equal pay and comparable worth? Why are these concepts so important?
What is the difference between equal pay and comparable worth? Why are these concepts so important?
Discussion 4 – Compensation and Benefits
Welcome to Discussion 4. This week we will explore compensation and benefits. While compensation is the function that deals with every type of reward employees receive in exchange for performing assigned tasks, benefits are considered more indirect compensation and include such things as unemployment insurance, social security, workers compensation and more.
During this week of the discussion, students are to upload two reply posts in response to their classmates’ initial posts. Each reply post should respectfully agree or disagree with the position(s) taken by your classmate and state the reasons for your position. Each reply should encourage further discussion from the author of the initial post and be a minimum of 150 words. The two reply posts are due on Sunday at 11:59 pm EST. Please be sure to utilize the reading materials (and any outside sources) to support your position(s) and include proper APA citation (in-text and reference list) in your post.
See the discussion rubric in the Important Documents Folder for more details on grading.
Course Materials:
- Read Chapters 10, 11 and 12 in your Human Resource Management Textbook.
- Watch the LinkedIn Learning video: Compensation and Benefits from the course: Human Resources in the On-Demand Economy with Wayne Cascio (6m 12s)
Initial Post (Minimum 300 words) – Due Wednesday @ 11:59PM EST
Answer the following questions in a scholarly post of 300 words or more by Wednesday.
- What is the difference between equal pay and comparable worth? Why are these concepts so important?
- To what extent (if at all) do you feel CEOs are overpaid? Based on your research and personal viewpoints, what ways should a company structure their compensation packages to be fair, equitable and performance-based?
Answer preview for the “What is the difference between equal pay and comparable worth? Why are these concepts so important?” essay………………………..
apa 374 words