The interviewer would like to know your thoughts on being paid based on your work performance, versus being compensated solely on your years of experience. As millennial employees continue to dominate the work scene, more and more employees are requesting compensation based on delivered results. Do you feel that you should be paid based on tenure, or results? Discuss this with the interviewer and back your answer with an example, if possible.
"I feel that employees should be paid, and rewarded, based on their performance. A new employee will find motivation in being rewarded for performance, and it encourages a healthy competition with tenured employees."
"As a high performer myself, I know it feels great to be compensated based on my performance. It's motivating and, in my opinion, a more modern approach to keeping employees happy and engaged."
"As a manager of people myself, I feel that both performance and experience should be weighted when deciding compensation, pay increases, and promotions. You want to ensure that you compensate your highest performers appropriately but that their growth is stable and manageable in the long-term."
"In marketing, performance is everything! For that reason, I do believe it should be the primary consideration when it comes to compensation, bonus' and raises. Tenure is vital to consider as well, and also continued education and training are excellent considerations."
"In retail, it is often tenure that is recognized, over performance. Usually, the longest standing employee gets the promotion to the manager for instance. I believe this is best due to the high turnover rate in retail. Yes, you need to prove your performance, but you also need to prove your loyalty."
"I am all about rewards for performance, being a competitive salesperson. I like the idea of gaining raises, earning more, and even promotions based on my being a go-getter. You can be a low performing employee at six months or 16 years, so I don't think that tenure should be the biggest consideration."
"I feel that employees should be paid, and rewarded, based on their performance. A new employee would be greatly motivated through being rewarded for performance and it encourages a healthy competition with tenured employees."