Discussion: Types of Pay

Week 2 Discussion: Types of Pay

Week 1 project: Compensation system for a healthcare services organization

Week 1 Discussion: Strategic Compensation

This week’s resources examined various types of pay. Each type is suited to certain jobs. Identify at least one job that would be appropriate for each of the following pay types:
• Merit pay
• Individual incentive pay
• Group incentive pay
• Person-focused
Provide a rationale for each of your responses.

Reference

Strategic Compensation: A Human Resource Management Approach, 10th edition

Published by Pearson (September 15th 2020) – Copyright © 2020

Joseph J. Martocchio University of Illinois at Urbana-Champaign

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