Expert answer:Compensation and Benefits?

Expert answer:Compensation and Benefits: 4 questions. Please respond to the question with 250 words and support with two academic references and citations using APA guidelines for each question.Traditional Bases for Pay 1. Subjective performance evaluations are subject to several rater errors, which makes objective measures seem a better alternative. Discuss when subjective performance evaluations might be better (or more feasible) than objective ratings. (Please respond to the question with 250 words and support with academic references and citations using APA guidelines).Building Internally Consistent Compensation Systems 2. Discuss the differences between job analysis and job evaluation. How do these practices help establish internally consistent job structures? (Please respond to the question with 250 words and support with academic references and citations using APA guidelines).Building Pay Structures that Recognize Employee Contributions 3. Two employees perform the same job and each received outstanding performance ratings. Is it fair to give one employee a smaller percentage merit increase because his pay falls within the 3rd quartile but give a larger percentage merit increase to the other employee because his pay falls within the 1st Quartile? Explain your answer. (Please respond to the question with 250 words and support with academic references and citations using APA guidelines). Employer-Sponsored Retirement Plans and Health Insurance Programs 4. Are employees more likely to favor defined contribution plans over defined benefit plans? How about employers? Explain your answer. (Please respond to the question with 250 words and support with academic references and citations using APA guidelines).*1 Book Reference provided one additional reference is required.*Martocchio, J. J. (2013). Strategic compensation: A human resource management approach (7th ed.). Boston, MA: Pearson.
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Compensation and Benefits: 4 questions. Please respond to the question with 250 words and
support with two academic references and citations using APA guidelines for each question.
Traditional Bases for Pay
1. Subjective performance evaluations are subject to several rater errors, which makes
objective measures seem a better alternative. Discuss when subjective performance
evaluations might be better (or more feasible) than objective ratings. (Please respond to
the question with 250 words and support with academic references and citations using
APA guidelines).
Building Internally Consistent Compensation Systems
2.
Discuss the differences between job analysis and job evaluation. How do these
practices help establish internally consistent job structures? (Please respond to the
question with 250 words and support with academic references and citations using APA
guidelines).
Building Pay Structures that Recognize Employee Contributions
3. Two employees perform the same job and each received outstanding performance
ratings. Is it fair to give one employee a smaller percentage merit increase because his
pay falls within the 3rd quartile but give a larger percentage merit increase to the other
employee because his pay falls within the 1st Quartile? Explain your answer. (Please
respond to the question with 250 words and support with academic references and
citations using APA guidelines).
Employer-Sponsored Retirement Plans and Health Insurance Programs
4. Are employees more likely to favor defined contribution plans over defined benefit
plans? How about employers? Explain your answer. (Please respond to the question
with 250 words and support with academic references and citations using APA
guidelines).
Book Reference provided:
Martocchio, J. J. (2013). Strategic compensation: A human resource management approach (7th
ed.). Boston, MA: Pearson.

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