人力资源管理第11章PPT.pptVIP

Chapter 11 Establishing Strategic Pay Plans Objective 1 Determining Pay Rates Employee compensation refers to all forms of pay or rewards going to employees and arising from their employment. It consists of 2 parts: Direct financial payments Indirect financial payments Employee Compensation Direct or Indirect compensation is given based on: Increments of time （time-based） Blue-collar get hourly or daily wage Managers or web designers are paid by week, month, or year Performance Piecework Objective 2 Factors Influencing Pay Legal considerations Union membership Company policy and