Professional Documents
Culture Documents
Final HRM MBC
Final HRM MBC
Final HRM MBC
• Compensation
• Determinants of compensation
• Motivation
• Motivational theories
• Compensation leads towards
motivation
NON
FINANCIAL
COMPENS
ATION
Legally Required Benefits
Social Security
Wages Unemployment Compensation
Salaries Workers’ Compensation
Family & Medical Leave
Commissions
Flextime Voluntary Benefits
Bonuses Compressed Work Payment for Time Not Worked
Week Job Sharing Health Care
Flexible Life Insurance
Compensation Retirement Plans
Telecommuting Employee Stock Option Plans
Part-time Work Supplemental Unemployment
Modified Benefits Employee Services
abrar ahmad khan
Retirement Premium Pay
Unique Benefits
Determinant of Financial Compensation
Performance-based Pay
Skilled-based Pay
Competency-based Pay
Seniority
Experience
Membership in the organization
Potential
Political Influence
Luck
Faheem zeshan
Determinants of Individual Financial
Compensation
The Organization
Compensation Policies
Organizational Politics
Ability to Pay
Faheem zeeshan
Khurrum shehzad
o n p roc es s
Motivati
Khurrum shehszad
Khurrum shehzad
o f n e ed s
Theory
khurrum sehzad
c y T he or y
Expectan
khurrum shehzad
i t y T he or y
Equ
Makhdoom arsalan
ett in g The ory
Go al- S
makhdoom arslan
Rabia abdul hakim
mehreen gillani