TAILIEUCHUNG - Lecture Fundamentals of human resource management (11th Edition): Chapter 11 - DeCenzo, Robbins, Verhulst

After reading chapter 11, you should be able to: Identify the kinds of decisions involved in establishing a pay structure, summarize legal requirements for pay policies, discuss how economic forces influence decisions about pay, describe how employees evaluate the fairness of a pay structure, explain how organizations design pay structures related to jobs. | Chapter 11 Establishing Rewards and Pay Plans 1 What is your biggest motivator at work? Promotions Great work assignments Recognition Control over your own work? Pay – covered in this chapter Introduction 2 Fundamentals of Human Resource Management 11e Rewards Review Fundamentals of Human Resource Management 11e 3 bonuses piecework commission incentive plans merit pay plans cost of living increase labor market adjustment profit sharing time-in-rank increase protection Program pay for time not worked services/ perks assigned parking space preferred assignments business cards own secretary impressive title participation in decision making greater job freedom more responsibility opportunities for growth diversity of activities Financial Non-financial Extrinsic Implied membership-based Performance based Explicit membership-based Intrinsic Intrinsic versus Extrinsic Rewards 4 Fundamentals of Human Resource Management 11e Financial rewards Wages Bonuses Profit sharing Pension plans Paid leaves Purchase discounts Nonfinancial rewards Make life on the job more attractive Employees vary on the rewards they prefer Types of Reward Plans 5 Fundamentals of Human Resource Management 11e Performance-based rewards are tied to specific job performance criteria Commissions Piecework pay plans Incentive systems Group bonuses Merit pay Membership-based rewards are offered to all employees Cost-of-living increases Benefits Salary increases Performance-based versus Membership-Based Rewards 6 Fundamentals of Human Resource Management 11e Companies derive their compensation programs from job evaluation, which defines the appropriate worth of each job. An effective, fair compensation program attracts, motivates and retains competent employees Compensation Administration 7 Fundamentals of Human Resource Management 11e Both employees and employers can research compensation facts and issues at The Fair Labor Standards Act

• Quản trị kinh doanh
• Human resource management
• Human resource
• Global business environment
• Labor supply
• Labor supply
• Fundamentals of human resource management
• Pay structure
• Lecture Essential human resource management
• Bài giảng Quản trị nguồn nhân lực
• Essential human resource management
• Organization human resource
• Human resource management theory
• Lecture Human resource management
• Quản trị nhân sự
• Strategic human resource management
• Strategy implementation
• Personnel management
• Human resource systems
• Human resource strategies
• Human resource environment
• HR’s strategic role
• Human resource planning
• Company's strategic direction
• Human resource recruitment
• Employee separation
• Organizational strategy of human resource
• Recruitment human resource
• Training and development human resource
• Compensation system
• Organizational strategy
• Human resources
• Quản trị nguồn nhân lực
• Human relations era
• Industrial psychology era
• Legal environment
• Retirement programs
• Managing human resource globally
• Collective bargaining
• Labor relationship
• HR planning process
• Manpower requirement
• Skills inventory
• Human resource training
• Training needs assessment
• Evaluate training programs
• Developing employees
• Compensating human resources
• Electronic human resource management
• Labor force
• Managing human resources
• Define human resource management
• Explain how HRM contributes
• Identify the responsibilities
• Ebook Human resource management
• Strategic HR management
• Equal employment opportunity
• Selecting human resources
• Equal opportunity
• Human resource management strategy
• Job analysis
• Performance management
• Managing human resources globally
• Human capital
• Summary of PhD thesis
• Human resource development
• Human resources for order management
• Vietnam garment enterprises
• International markets
• The global context
• Workforce planning
• Organisation design
• Human resource management in organizations
• Recruiting and labor markets