Question

In your view, is comparable worth a legitimate strategy for determining job compensation?

In your view, is comparable worth a legitimate strategy for determining job compensation?

Homework Answers

Answer #1

Comparable worth is based on the idea that was proposed on eliminating discrimination based on gender. Men and women must be paid equal for same job and performance. But it highly focuses on performance and uses that as a base for determining job compensation.

In other words, value of an employee irrespective of gender is used as a base for determining job compensation. Now the problem is that, that this method is used by very few companies for two reasons.

1. It ignores other important factors such as availability of workforce, market forces etc which is ignoring the free market forces and economic efficiency..

2. It puts pressure on employees as their performance is highly evaluated. Fear among the employees is raised because of it.

So according to me, it is an illegitimate strategy .

(answers by different experts may vary since it is an opinion based question)

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