How are people compensated financially for their work?
Organizations have evolved many mechanisms for compensating people for their work. This may range from a simple exchange of time for money to complex arrangement of incentives aimed at motivating particular behaviors or attracting particular talent.
- Money
- Ownership
- Education
- Emotional and Wellness Benefits
- Financial Wellness Benefits
- Physical Wellness Benefits
- Family Benefits
- Community Benefits
- Perks
What should explain differences in how people are compensated at an organization?
How often are people compensated?
How much do people know about what they are paid?