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Compensation and Acceptance of an Employment Offer

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Most job candidates are concerned with baseline pay. Incentives and benefits do very little to persuade a candidate to accept an organization's employment offer if baseline compensation is slightly below the candidate's expectations. Which side of the issue was most persuasive to you and why.

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Solution Summary

Referring to compensations to ensure acceptance of an employment offer, this solution explores the persuasiveness of the idea that incentives and benefits do very little to persuade a candidate to accept an organization's employment offer if baseline compensation is slightly below the candidate's expectations.

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Interesting question, indeed. Please see response attached (alos below). Good luck with your continued studies and take care.

RESPONSE:

Question: Most job candidates are concerned wit baseline pay. Incentives and benefits do very little to persuade a candidate to accept an organization's employment offer if baseline compensation is slightly below the candidate's expectations. Which side of the issue was most persuasive to you and why.

Response:

The latter is more persuasive based on research findings on this topic. In fact, there is a considerable amount of research suggesting that the latter is indeed true; mainly that employees are persuaded more by the combination of baseline wage and baseline compensation than with baseline pay alone.

In fact, compensation has become a far more complicated issue than just deciding how much to pay your employees. In addition to salary, employers must consider many other components ? 401(k) plans, stock options, bonuses and vacation ? that have become part of compensation packages today.

Indeed, employees have greater expectations of what should be included in their compensation packages, and they may demand specific benefits that can be costly for small businesses. Costly or not, though, building a fair and attractive compensation package is critical for attracting and retaining employees. When setting ...

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