March 1, 2010 Reflection

Today in class we discussed chapter 11 which was all about pay in companies. We discussed how pay has a powerful influence over people and also how it helps reach company goals. It also has a large impact on employee morale and retainment. With about a half hour left in class we had a guest speaker, Jeff Weber from ancestry.com come speak to us. He gave us donuts and was a really entertaining speaker. He told us we need to make sure we know the legal requirements when it comes to pay on the job. He also explained different compensation components that company's do to keep employees happy. His last main point he brought up was that we should allow employees and companies to have flexibility to keep companies successful and happy.