Identify both monetary and non-monetary ways of cost savings that would be relevant to a compensation person’s job.

1. Companies focus heavily on cost savings strategies to be competitive today. Identify both monetary and non-monetary ways of cost savings that would be relevant to a compensation person’s job.

2. You are a supervisor at a company that is a pay follower (pays lower than other organizations in the area). What things do you have control over to increase the likelihood that employees will feel fairly treated? Include how Colossians 3:23 guides our understanding of fair treatment of employees.