Many U.S. employers rely on equity-based rewards to inspire their employees to reach new heights of performance.
Equity represents ownership in a company and is typically given in the form of stock, but equity rewards take many forms within the total rewards package.
This week we will classify the features of equity-based rewards and how they could be used to align managers and employees with stockholders.
You will also learn how a benefit plan functions as part of an overall competitive compensation strategy, and the policies to administer the benefits.
Week 8 Discussion HRM 533
From your discussion preparation work, select one type of employee benefit and report about how this specific benefit category is represented within the employment categories. For instance, you may choose retirement benefits and note the various industries which might be more inclined to provide that type of benefit.
Debate how much inequity exists among the categories and justify your response with a specific example.
