Employee Compensation

[@jeremiahtheofarr2022]

Wonderful Video for learning .❤

[@jeremiahtheofarr2022]

Compensation is very important for improvement on the job..

[@x_tox1c1ty_x62]

I love how you go more in depth on compensation then just the salary. Very informative.

[@alyssabrady114]

Compensation is something that everyone wants when working. This is nice to understand the other side of things and everything that goes into consideration to employees

[@NutshellBrainery]

Yep, we all want (and deserve) to be compensated for our efforts.

[@leannmcfalls8284]

I love how you break down compensation. I wish that I could just play parts of this video when people come in my office to tell me they need to be paid more than their coworker because they support a family and the coworker doesn't.

[@NutshellBrainery]

It's a hard idea to get sometimes, that you don't deserve more just because you need more.

[@stephaniehernandez8850]

At my work we got mile compensation when traveling to other sister clinics, and I think its a great idea.

[@thomasfrancis5808]

Compensation plays a huge part in how a company can acquire right right candidates for the job

[@NutshellBrainery]

So true. You're essentially buying talent, and you get what you pay for.

[@TURYATUNGAHillary-b7w]

Thanks for the lecture

[@jackvawdrey7546]

I've seen how variable compensation can motivate people to do great work. I've also seen how overpaying employees can give them a sense of entitlement and actually reduce motivation.

[@NutshellBrainery]

Yep. Weirdly, paying someone too much can be demotivating.

[@ethankennan212]

So perhaps one could encourage those of the employees who need money the most to take on the biggest challenges that get you the best bonuses, or promotions to earn more pay regularly, so that way anyone who needs to support a larger family than the others can get better support without the company having to get in trouble with the law. After all, it's the employee's decision to join say, a project or work towards a promotion, the boss just encouraged them to move forward. And I think trying not to actively look for workers, managers, and executives that are already affiliated with another company might be an ethically sound decision. Maybe send out job requests online and get applicants, and if any of them happen to later turn out to already be affiliated with another company, that's when I might be a little more willing to advertise my position to them. As for managers and executives, I could look for workers I already have to promote, or send out job requests for that. Perhaps someone was an executive, but they sold all their stock and now want to buy some more in a new company. And maybe someone has a good enough college degree in business to qualify as a manager from the get-go. I just bring this up because I am very concerned with ethics in business, and I feel like being too aggressive towards other companies in my competition methods might be taking it too far. I acknowledge the need to compete for customers and to get workers before another company gets them, though. I also want to see some institutions that help the less successful/developed companies get a better foothold to keep things fair. As an aside, I think piecework pay might be pretty good for me, though I'd need context and specifics to be sure.