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Compensation and motivation

Please provide good response of 100 words, proper reference cited used for all three questions.

Discussion Question #1: Discuss an example of a compensation and motivation practice and evaluate how it relates to the organization's strategy.
Discussion Question #2: Discuss the impact of compensation on organizational performance? Do we have any evidence that there is any impact?
Discussion Question #3: Discuss the impact of ethics on the determination of compensation and rewards systems. Be specific.

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Discussion Question #1: Discuss an example of a compensation and motivation practice and evaluate how it relates to the organization's strategy.

One example of a compensation practice is pay for performance. In this strategy, apart from the base salary, a proportion of the compensation is linked to performance of the employees, such as achievement of sales targets among sales personnel. Such compensation strategy not only motivates the employees to perform in a better manner by linking their compensation with their performance, but also removes unnecessary burden on the company because the company will pay the higher salary only if the personnel achieves better revenues for the firm. So, the additional salary or bonus burden is paid out of increased revenues. It is important that such compensation strategy should be impartial and effectively implemented and the targets should not be over ambitious and should ...

Solution Summary

Please provide good response of 100 words, proper reference cited used for all three questions.

Discussion Question #1: Discuss an example of a compensation and motivation practice and evaluate how it relates to the organization's strategy.
Discussion Question #2: Discuss the impact of compensation on organizational performance? Do we have any evidence that there is any impact?
Discussion Question #3: Discuss the impact of ethics on the determination of compensation and rewards systems. Be specific.

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