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  1. Healthcare is a major topic of interest. The cost of healthcare is increasing. and employers must determine what is best for the employees, while maintaining the company budget. Discuss the difference between the Health Maintenance Organization (HMO), Preferred Provider Organization (PPO), Point-of-Service Plan (POS), Health Reimbursement Arrangements (HRAs) and Health Savings Accounts (HSAs).
  2. Many companies look to attract, retain, and motivate employees. Some might argue that money talks and is the key to attracting, retaining, and motivating employees. How important are benefits to you? Describe how a benefits program might increase worker attraction, retention, and motivation.
  3. Many would argue that if an employee receives a decent salary, he or she will be satisfied and remain with the organization. What are your thoughts on this statement? Does compensation motivate behavior? Do people join a firm because of pay? Do people stay in a firm or leave a firm because of pay? Do employees agree to develop job skills because of pay? Do employees perform better on their jobs because of pay? Provide examples to
    support your answer.
  4. Starting at an early age, we have been introduced to various motivational theories (e.g., Maslow’s needs hierarchy). Compare expectancy theory,equity theory, reinforcement theory, and goal setting theory. Identify the essential features of each and its relations to performance-based pay.
  5. What is the purpose of a pay survey? How would you design a survey for setting pay for welders? How would you design a survey for setting pay for financial managers? Do the issues differ? Will the techniques used, and the data collected differ? Why or why not?

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