Part 1: Week 1 – Discussion 2
Overview of Compensation & Benefits [WLOs: 1, 2, 3, 4] [CLOs: 1, 5, 6]
Prior to beginning work on this discussion forum, read Chapter 1: An Overview of Compensation and Benefits and Chapter 2: Compensation and the Law from your textbook.
In this discussion, you will compare and contrast compensation and benefits strategy of the “people department” of Southwest Airlines to overall strategies of two other airlines. Be sure to include the following in your initial post:
Explain two factors that distinguish each approach from the others.
Define two strengths and two weaknesses of each approach being used by the airlines.
Part 2: Week 1 – Discussion Forum 1
Compensation Strategy [WLO: 1, 2, 3, 4] [CLOs: 1, 5, 6]
Prior to beginning work on this discussion forum, read Chapter 1: An Overview of Compensation and Benefits and Chapter 2: Compensation and the Law from your textbook.
In this discussion, you will select an organization of your choice. Pick an organization with which you are familiar, with include the following in your initial post:
Describe the type of compensation strategy used in this organization.
Discuss two advantages of this type of compensation strategy for aligning with the goals of a total pay rewards systems.
Discuss two laws that impact the compensation strategy within this organization.
Resources:
Text
Weathington, B. L. & Weathington, J. G. (2020). Compensation and benefits: Aligning rewards with strategy, updated edition. (Updated ed.). Zovio.
The full-text version of this ebook is available through the Constellation suite accessed through your online classroom, mobile app, or the ConstellationLinks to an external site. website.
Multimedia
The Reason Foundation. (Producer). (2014). Lyft, Uber and SidecarLinks to an external site. [Video file]. Films on Demand database.
The Reason Foundation. (Producer). (2014). EatWithLinks to an external site. [Video file]. Films on Demand database.
Webpage
Salary.com. (n.d.). Executive compensationLinks to an external site.. http://www.salary.com/executive-compensation-it-starts-with-the-ceo/
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