Do you believe that companies can easily develop compensation that is both internally consistent and competitive within the market? What are some of the challenges to this goal? Provide an example of an organization that you feel is competitive and consistent. Explain your choice.
Many compensation professionals are faced with making choices about which discretionary benefits to drop because funds are limited, and the costs of these benefits continually increase. Assume you must make such choices. Rank-order discretionary benefits from the ones you would most likely eliminate to the ones you would least likely eliminate. Explain your rationale. In your opinion, do such factors as the demographic composition of the workforce of the company matter? Explain.