Read the Productivity and Compensation: Growing Together handout. Once you have have a complete understanding of all the objectives that impact compensation, respond to the questions below and think about how you can advance your learning concerning compensation and its impact on organizations.
Questions:
Now that you have an understanding of compensation in organizations, answer the following questions:
a. Are employees enjoying the "fruits" of their labor? Explain your reasoning.
b. How is compensation, growth and productivity related?
c. Summarize what the economic data tells you about compensation and productivity.
d. How do inflation, GDP, unemployment and profit relate to or influence compensation decisions?
e. How do employers avoid the remote work's wage and hour minefields.