Ch8_Slides_Students人事管理文件.pdfVIP

Chapter 8 Compensation Administration Managing Hospitality Human Resources © 2006, Educational Institute Compensation: It’s not only the wages or salaries. An effective compensation program consists of both cash non-cash rewards. Total reward program — All the methods including cash and benefits employers use to pay for the work of employees. Direct compensation — An employers payment of money to an employee—either in the present or at some future date—in exchange for that employees productive work; includes wages, sal