Textbook Notes (367,747)
Canada (161,363)
Commerce (1,683)
Ying Hong (9)
Chapter

ch 9 evaluting the market

2 Pages
68 Views
Unlock Document

Department
Commerce
Course
COMMERCE 4BE3
Professor
Ying Hong
Semester
Winter

Description
Chapter 9 Evaluating the MarketUnderstanding Labour Marketscompensating differential a higher comp level offered by an employer bc of undesirable aspects of the employmentDefining the Relevant Lbr Marketthose in the same labour marketthose in the o 2 kinds of competitorssame productservice market o In the labour market there are 2 crucial dimensions the occupational groupingthe geographical scope of the market local regional intl o Market comparator firms forms selected as comparators when constructing a sample of market data rd Sources of Compensation Data 3 main 3party sources govt agencies industry groupscomp consulting firms o Advantages easecost o Disadvantages may not cover the desired jobs or employers o Aggregate dataIn house Surveys informal surveys groups of colleagues at an industry function formal surveys internal staff Conduction Comp Surveys 1 Identify Jobs to be Surveyedsurvey 1015 of jobsuse an effective method of matching an orgs job to those being surveyed o key job matching including jobs o
More Less

Related notes for COMMERCE 4BE3

Log In


OR

Join OneClass

Access over 10 million pages of study
documents for 1.3 million courses.

Sign up

Join to view


OR

By registering, I agree to the Terms and Privacy Policies
Already have an account?
Just a few more details

So we can recommend you notes for your school.

Reset Password

Please enter below the email address you registered with and we will send you a link to reset your password.

Add your courses

Get notes from the top students in your class.


Submit