Saturday, January 11, 2020
Preferred language style Essay
Conduct a debate on: Most job candidates are concerned with baseline pay. Incentives and benefits do very little to persuade a candidate to accept an organizationââ¬â¢s employment offer if baseline compensation is slightly below the candidateââ¬â¢s expectations. Incentives and other benefits are frequently given lesser importance by the candidates who want to join a new job. There are several reasons for this:- 1. Many of the employees do not give enough of importance to benefits and incentives that are not financial. They usually focus on improving their pay packages rather than their non-pay benefits. 2. Many candidates may not be sure whether they would be able to earn the incentives and other benefits provided. They would feel that such packages are merely eyewashes so that the job appears attractive and are able to take it up. 3. People often evaluate growth rate and the development rate in terms of monetary funds than by determining the incentives and other benefits. 4. Baseline pay is given greater importance to fairness by the employees than the incentives. 5. The external competitiveness is greater when the employees are being paid a higher baseline salary compared to incentives. 6. When the candidate comes for the interview for the job, he/she may consider to job duties to be tough. In such a circumstance, he/she would be considering earning the incentives very difficult, and hence would be looking at increasing their baseline salary. 7. People would more easily settle down for a job that offers more security (one that gives higher monetary funds) compared to those that are insecure and offer incentives. 8. Some employees may consider incentives as a form of encouragement for doing extra work. Many employees may even feel that incentives may prompt them to work beyond working areas, which may be not liked. References: Frederiskon, L. W. (1983). ââ¬Å"Contents. â⬠Journal of Organizational Behavior Management. http://www. haworthpress. com/store/Toc_views. asp? TOCName=J075v05n01_TOC&desc=Volume%3A%205%20Issue%3A%201 HRMC (2007). Baseline Pay, Retrieved on June 12, 2007, from My Own Private Radio Web site: http://www. citehr. com/baseline-pay-vt1462. html My Own Private Radio (2006). On employee compensation ââ¬â note #3, Democracy in Action, Retrieved on June 12, 2007, from My Own Private Radio Web site: http://myownpirateradio. com/2006/02/13/on-employee-compensation-%E2%80%93-note-3-democracy-in-action/
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