Professional Documents
Culture Documents
Unit 5 Compensation and Benefits 1
Unit 5 Compensation and Benefits 1
Unit 5 Compensation and Benefits 1
Management
Total 92
1 Total Reward
6 Differential Pay:
7 Salary Scale:
10 Benefits
Market factor
External factor
Geographical pay
Law and regulation
Industry.
Organizational Factor
Size
Profitability and ability to pay
Skill.
Job Factor Responsibility
Effort
Working Condition
Productivity
Individual Factor
Experience
Need Theories
1. Overtime.
2. Shift Pay.
3. Hazard Pay.
4. On-call Pay.
5. Call-back Pay.
6. Geographic Differentials
1. Fix amount.
2. Percentage.
4. Salary Scale .
1. Health Insurance.
2. Life Insurance.
3. Mobile phone.
4. Mobile Line.
5. Car
6. Fuel.
7. Parking.
8. Transportation.
9. Office, Stationary
10.Training.
11.3G Internet
12.Schooling.