Respond to the following in a minimum of 175 words:
Think about your current or a previous job, or a job you know well. Imagine that the HR department was going to design a compensation approach for that job that was aligned with reinforcement, expectancy, and agency theories.
Briefly describe the job you are writing about, then describe a compensation approach for that job that aligns with all 3 theories.
Consider the following questions when writing your response:
- What are the potential advantages of this plan?
- What are the potential negatives of this plan?
- What might be difficult in administering this plan?