Only bid if you can meet budget- HR Compensation

  

250 words each part with two questions. Please include one reference with in-text citations in APA format.

Part 1

First question

What factors should be taken into account in decisions about salary equity? For example, should a teacher and a truck driver be paid the same, or should a computer programmer make more money than a teacher? What factors would you consider in making such decisions?

Second question

What one or two job analysis approaches would you recommend on the basis of relevance or providing the best quality information for creating a job description? For efficiency/safety? For training? Why do you think your chosen approaches are best?

Part 2

First question

Is there a relationship between compensation and higher levels of employee performance? Please explain “yes” or “no” providing 3 reasons to support your position. 

Second Question:

How does organizational market position influence compensation philosophy?