Can you give an example for description of a compensation issue and how it would impact the pay system of a public or nonprofit organization. Would you provide a reference please?© BrainMass Inc. brainmass.com June 4, 2020, 4:48 am ad1c9bdddf
Can you give an example for description of a compensation issue and how it would impact the pay system of a public or nonprofit organization? Would you provide a reference please? Thanks
A key compensation issue is executive compensation. Public companies have to balance provide an adequate compensation to attract and retain these key employees. There has to be a balance between an adequate salary and benefits package that acceptable to the employee and the public (The information was obtained at http://smallbusiness.chron.com/hr-compensation-issues-71617.html "HR Compensation Issues").
This solution provides an examination of a compensation issue with executive pay for both non-profit and for profit organizations. Also, a couple of suggestions on how to properly incentives non-profit executives.