Thisdiscussion has three parts, as follows:From your perspective, what type of compensation is a greater motivator for you, and why? Ensure that your discussion provides substantial detail.Think about the pros and cons associated with theconcept of market pricing. What have your personal experiences been in relation to fairness and equity of your own compensation where you have worked? Use your experience to provide examples ofpros and cons. Use 4 examples in your response.Discuss how a compensation method can be used to assist with employee retention. Consider 4 different ways in your discussion and from your personal experiences in whichyou were personally impacted by the examples you have provided.