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BUS 381 Chapter 11: Rewards

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21 Oct 2011

School

Simon Fraser University

Department

Business Administration

Course

Professor

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Document Summary

The strategic importance of total rewards: total rewards integrated package of all rewards (monetary/nonmonetary, extrinsic/intrinsic) gained by employees through employment. Important to involve union members in evaluating the worth of jobs and in assigning fair pay. Compensation policies: does the company want to be a leader or follower regarding pay, basis for salary increases, promotion/demotion, overtime pay, probationary pay, etc. Equity and its impact on pay rates: external equity paying workers fairly relative to market rates. Internal equity jobs of similar value get similar pay within the organization. Step 1: determine the worth of each job through job evaluation (internal. Steps include: obtain job information (job analysis, group the jobs to be rated, select compensable factors, rank jobs, combine ratings (with other raters, classification/grading evaluation method for categorizing jobs into groups. Classes groups of jobs based on rules for each class (eg. amount of independent judgment, skill, physical effort, etc. ) usually containing similar jobs.

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Related Questions

Identify which human resources management activity is being illustrated in the following examples:

HR management activities:

staffing	compensation & benefits	training & development
compliance	employee relations

1) Identify which human resources management activity is being illustrated in the following examples:

6) _____ training and dev _____ A manager conducts job orientation for several new employees.

7) _____ An HR manager makes sure the company is following equal employment opportunity (EEO) laws.

8) _____ An HR manager negotiates with an insurance carrier to get a good deal for the company.

9) _____ An HR manager listens to and records an employee grievance.

10) _____ A supervisor negotiates a job offer with a candidate.

11) _____ A department manager develops an instruction manual for one of the company's job positions.

12) _____ An HR manager perfors background and reference checks on a potential candidate.

1. How to conduct an effective performance appraisal interview?

2. What HR activities can help reduce employee work-related stress?

3. What are the four steps in the strategic model of training?

4. What are the unsafe conditions that cause accidents at workplaces?

5. What are the features of union substitution strategy?

viridiangoose502

Identify which human resources management activity is being illustrated in the following examples:

HR management activities:

staffing	compensation & benefits	training & development
compliance	employee relations

1) _________ An HR manager consults with an employee about her continuing education options.

2) _________ An HR manager solves a paperwork snag involving an employee's paycheck.

3) _________ A supervisor conducts a workshop on haw tn properly dispose of a certain chemical.

4) _________ An HR manager conducts an exit interview with retiring employee

5) _________ An HR manager mediates a conflict between an employee and his. 6)

6) _________ A manager conducts job orientation for several new employees.