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Discuss the compensation philosophies and approaches that have been used at organizations where you have worked

Two basic compensation philosophies (entitlement and performance) lie on opposite ends of a continuum. Most compensation systems fall somewhere in between the two extremes. Discuss the compensation philosophies and approaches that have been used at organizations where you have worked. What have been the consequences of these philosophies and approaches? Please support your answer with references from the text, scholarly research and personal experience. (The initial discussion posting must be a minimum of 250 words in length. References must be cited appropriately using APA 5th or 6th edition format.)

 

 

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