œEconomic Influences on Pay Please respond to the following:
1.From the e-Activity, compare the salaries for the same job in two different geographic locations within the United States. Speculate on two economic influences that may impact the pay difference in the two geographic areas you selected.
* From the scenario, examine two strategies that organizations use to combine incentive plans in a balanced scorecard. Provide one example in which the balanced scorecard measures performance linked to a company’s long-term goals, and one example in which the balanced scorecard measures performance linked to a company’s short-term goals.
2. œEmployee Stock Ownership and Executive Pay Please respond to the following:
Determine two circumstances in which profit sharing and employee stock ownership may increase employee motivation and performance levels. Support your answer with examples. According to the textbook, trends indicate that executive pay, as it relate to executives’ contributions to organizational performance, is unhealthy and unfair. Recommend two measures that organizations can take to ensure that executive compensation is directly linked to the company’s performance.