BU354 Chapter Notes - Chapter 9: Canada Labour Code, Canadian Human Rights Act, Total Rewards
Document Summary
Cash and non-cash rewards employees receive in exchange for their work". Effective compensation management: employees more likely to be satisfied, motivated, and contribute to objectives. Compensation perceived inappropriate: performance, motivation, and satisfaction may decline dramatically. Compensation management: identify and study jobs (phase i) Compensation management: matching internal and external worth (phase iv) Canadian human rights act prohibits discrimination because of sex. It is illegal for companies to pay women less than men if their jobs involve equal skills, effort, responsibilities, and conditions. Equal pay for equal work (equal pay: part of canada labour code since 1971, employers must pay men and women the same wage or salary when they do the same work. Equal pay for work of equal value (pay equity: jobs of comparable worth to the organization should be paid equally, part of canadian human rights act since 1978. Wage gap: historical gap between the income of men and women, women earn about 80% as much as men.
