Determine and discuss what you consider are the biggest issues that influence compensation factors in the United States. Why is the role of a compensation specialist so important to employers?© BrainMass Inc. brainmass.com October 2, 2020, 3:27 am ad1c9bdddf
The biggest issues that affect compensation are the economy, your field, the need, and what competitors pay. To a lesser extent (now any way), unions have a role too. Although other factors may influence this could be projected future job growth or shrinkage and overseas competition. But again, the field you're in, the economy's health, the supply and demand for employees, your competition's pay rate and benefit rate and unions are major factors that interrelate. Also, where you are located ...
This solution discusses the biggest influences on compensation and the role of a compensation specialist in 296 words with two resources.