How do differing perspectives affect our views of compensation? Be specific
Solution
1. Compensation is viewed by society as a measure of justice as well as a cause of increased
taxes and price increases.
2. Stockholders are concerned with executive pay relative ti company performance.
3. Managers view compensation as a major expense and a means to influence employee
behaviour.
4. Employees view compensation as return in an exchange with their employer an entitlement or
a reward in other countries Ex ( china,japan)
5. In other countries compensation is related to being taken care of.( some places in china they
still give rice allowances or transportation allowances)
6. So looking at all these perspectives of compensation you now need to look at the pros and
cons of compensation with your own perspective..
How do differing perspectives affect our views of compensation Be s.pdf
1. How do differing perspectives affect our views of compensation? Be specific
Solution
1. Compensation is viewed by society as a measure of justice as well as a cause of increased
taxes and price increases.
2. Stockholders are concerned with executive pay relative ti company performance.
3. Managers view compensation as a major expense and a means to influence employee
behaviour.
4. Employees view compensation as return in an exchange with their employer an entitlement or
a reward in other countries Ex ( china,japan)
5. In other countries compensation is related to being taken care of.( some places in china they
still give rice allowances or transportation allowances)
6. So looking at all these perspectives of compensation you now need to look at the pros and
cons of compensation with your own perspective.
