W4 Discussion 1 BUS434 Compensation & Benefits Management

February 22, 2023February 22, 2023 Discipline: Business
Learning Goal: I’m working on a business discussion question and need an explanation and answer to help me learn.

Prior to completing this discussion forum, read Chapter 7: Reward Systems: Benefits in the textbook. Performance standards help to set the foundation for success when it comes to evaluations, motivation, and a competitive pay system.

For this discussion, include the following:

  • Describe the relevance of performance standards for today’s knowledge-directed workers.
  • Discuss how the use of these standards will result in a more competitive compensation and benefit strategy.
  • Weathington, B. L., & Weathington, J. G. (2020). Compensation and benefits: Aligning rewards with strategy (Updated ed.). Zovio.

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