Based on your experiences with specialized knowledge businesses, which compensation strategy do you think would prove more effective today: the incentive-based, more knowledgeable worker, or the lower wage-base with more self-service?
Consider examples of specialized knowledge businesses, such as technology-oriented businesses, home improvement or repair and home design. You can select a business from these industries, or any specialized knowledge business with which you are familiar. Post your opinion and reference your rationale citing at least two of three tests. Include why or why not you think the type of business you selected would pass these tests.
6 answers
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First, choose a business that requires specialized knowledge, like technology-oriented businesses, home improvement or repair and home design.
Then, decide which compensation strategy do you think would prove more effective today: the incentive-based, more knowledgeable worker, or the lower wage-base with more self-service
Then, decide which compensation strategy do you think would prove more effective today: the incentive-based, more knowledgeable worker, or the lower wage-base with more self-service
Home Depot
I think more knowledgeable workers because consumers are coming in looking for answers and they need someone who is ver knowledgable about this business
Good answer.