Explain at least two theories and identify how they impact compensation and the work environment.

Assume that, as the compensation professional, you are to present your reasoning, based on theory, for recommending certain compensation strategies. Explain at least two theories and identify how they impact compensation and the work environment.
For this assignment you will develop a 3-5 page, APA-formatted paper. As the compensation professional you will be writing the report for the owners of a new organization. In your paper cover the following:

Examine two theories that impact compensation.
Discuss how each of the theories can motivate employees.
Discuss specific types of compensation providing examples on how theory can influence employee performance.

Instructions:

Write a 3-5 page paper, or about 1500 words, not including the title and reference pages, which are required.
Your paper must be properly cited and formatted according to the CSU-Global Guide to Writing and APA.
Include a formal works cited page.
You must support your analysis with at least two scholarly references and can include resources from this course.
You cannot use Wikipedia or . For this assignment, a credible source is defined as:

A scholarly or peer-reviewed journal article.
A government-based website or publication.
A trade or industry journal article, publication, or website, including those from trade organizations such as SHRM.org and TD.org.

The paper must be formatted correctly using APA style.