Discussion 1&2 – What is the difference between base pay

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Discussion #1

What is the difference between base pay and variable pay? Give examples from your own organization. Use at least one resource from the course readings and respond to at least one colleague.

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Discussion #2

What are three top elements to consider when setting compensation and why? Support your answer with the literature. Use a minimum of one reference from course materials and interact with at least one classmate. 

Required Reference:

6.2 Developing a Compensation Package

https://www.referenceforbusiness.com/small/Di-Eq/Employee-Compensation.html#b