HRM 531 Week 3 Discussion

Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to classmates or your faculty member.

Due Thursday

Respond to one of the following in a minimum of 175 words:

• • There are three classifications of rewards. They are intrinsic versus extrinsic rewards, financial versus nonfinancial rewards, and performance-based versus membership based rewards. What are the strengths and weaknesses associated with each type of reward? Which type of reward is most successful in the business environment and why?
  • Which employee benefit do you personally value the most? Why is it important for organizations to offer benefits to their employees? How do benefits positively or negatively affect an organization?
  • Should compensation adjustments be based on market movement, meritorious performance, or a combination of both?

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