AIU The Most Critical Parts of Business Management Discussion

Description

There are several types of pay systems that an organization can adopt, such as a pay grade system or a going rate system. Human resource managers should always be aware of what their industry competition is paying to remain competitive. Additionally, they must be current on employment laws to ensure the organization’s safety from a legal perspective. In addition to motivation, other considerations impact the pay strategy of an organization

Identify 3 considerations when developing an organizational pay system. Discuss the relevance of each consideration and its impact on the organization from a legal perspective.

Review the considerations presented by your peers. One way to approach replying to your peers is to share your thoughts on two of you peer’s responses, addressing additional supporting reasons on the importance of the thoughts presented. Another approach would be to expand on the discussion by providing your perspective through the introduction of an opposing or supporting idea.

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