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Textbook Notes for Ping Peng

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YORKHRM 3490Ping PengFall

HRM 3490 Chapter Notes -Reward System, Paternalism, Decision-Making

OC174537 Page
26 Oct 2011
243
The success or failure of any reward system depends on how well it fits the organizational context and total organizational system. Organization as a s
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YORKHRM 3490Ping PengFall

HRM 3490 Chapter Notes -Reward System, Life Insurance, Merit Pay

OC174533 Page
26 Oct 2011
142
Compensation is the financial returns, tangible services and benefits employees receive as part of employment relationship. Comprises of both extrinsic
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YORKHRM 3490Ping PengFall

HRM 3490 Chapter Notes -Job Satisfaction, Reward System, Organizational Identification

OC1745310 Page
27 Oct 2011
122
When a reward system has no impact on behaviour. When the reward system does indeed generate the desired behaviour, but there are also unanticipated ne
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YORKHRM 3490Ping PengFall

HRM 3490 Chapter Notes -Canadian Human Rights Act, Reward System, Contingent Work

OC174536 Page
27 Oct 2011
145
Contractors and agents are exempted from employment standards. Sets minimum standards for: pay, hours of work, vacation, statutory holiday, leave entit
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YORKHRM 3490Ping PengFall

The Point Method of Job Evaluation

OC174535 Page
16 Dec 2011
67
Compensable factor are characteristics of jobs that are valued by the organization and differentiate jobs from one another. Breaking down the factors i
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YORKHRM 3490Ping PengFall

Components of Compensation Strategy

OC174537 Page
27 Oct 2011
91
In designing any compensation strategy, two key questions must be addressed: what role should each of the three compensation components (base pay, perf
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YORKHRM 3490Ping PengFall

Evaluating the Market

OC174535 Page
17 Dec 2011
61
The price (wage) for a particular type of labour depends on the demand for that labour, relative to the supply for that labour, constrained by the abil
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YORKHRM 3490Ping PengFall

HRM 3490 Chapter Notes -The Dispossessed

OC174536 Page
11 Dec 2011
68
To determine the relative contribution made by each job in an organization to the success of that organization, so that each job can be remunerated acc
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YORKHRM 3490Ping PengFall

HRM 3490 Chapter Notes -Central Tendency, Performance Appraisal

OC174535 Page
17 Dec 2011
59
Developmental reasons: helping employees to better understand employer expectations, the key performance dimensions of their jobs, the strengths and we
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YORKHRM 3490Ping PengFall

HRM 3490 Chapter Notes -Work Unit

OC174535 Page
17 Dec 2011
61
Defining performance: employee behaviour or output the organization considers important enough to reward, output unit produced/completed/profit, time.
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