Since employees may differ in terms of their job performance, would it not be more feasible to determine the wage rate for each employee on the basis of his or her relative worth to the organization? Explain. 

– Since employees may differ in terms of their job performance, would it not be more feasible to determine the wage rate for each employee on the basis of his or her relative worth to the organization? Explain.

– What is job evaluation? Explain the differences between the major job evaluation systems, noting the advantages and disadvantages of each.

– What is compensation score-card and how does it help align a company’s strategy with its compensation system?

-Contrast the differences between straight piecework, differential piece rate, and standard hour plans. Explain where each plan might be used best.

– A frequently heard complaint about merit raises is that they do little to increase employee effort. What are the causes of this belief? Suggest ways in which the motivating value of merit raises may be increased