MHR 523 Chapter Notes - Chapter 11-12: Income Splitting, Telecommuting, Prevailing Wage
Document Summary
Mhr523 lecture 7 chapter 11 & 12: establishing strategic pay plans; pay for performance and financial incentives. Briefly describe at least 3 different common problems with orientation programs. Be sure to specify why/how each statement is a problem. Information overload or too little information difficult for employees to retain information. Boring employees not paying attention and will not be able to retain information. Hr information is often too broad and job information is too specific another example of information overload. No orientation employees are left hanging and are missing information that will help them with lessening frustration and confusion. Total employment rewards: an integrated package of all rewards (monetary and non-monetary, extrinsic and intrinsic) gained by employees arising from their employment. Strategic importance of total rewards: attract, retain, and motivate employees, align employee"s behaviour with the strategic goals of the firm.