Using the first two chapters of the Compensation textbook, videos, and additional

resources, answer the questions completely.

$$ Describe the objectives of the pay model. Give an example of each.

$$ How do the objectives set the standards to judge success?

$$ Explain why one company can have different pay objectives for different

business units.

$$ Define the four $(4)$ policy choices in the pay model. How do the policies create

guidelines to manage pay? Give examples of each.