chapter8英语.pptVIP

CHAPTER 8  DETERMINING PAY AND BENEFITS Main Contents GAINING COMPETITIVE ADVANTAGE HRM ISSUES PRACTICES ROLE OF HRM LINE MANAGER GAINING COMPETITIVE ADVANTAGE Definition Compensation Compositions Principles of Compensation System Design Linking Compensation to Competitive Advantage Factors Influencing Compensation Definition for Compensation Compensation represents all kinds of economic rewards received by an employee in exchange of his or her work. The aim of compensation practices is to help the organization establish and maintain a competent and loyal work-force at an aff