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CHAPTERONE The pay model

2015-07-07 18:19:26   3  举报

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compensation mind map

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Policies

internal alignment

external competitiveness

emplyee contributions

management

Different views of compensation effects

Society

a measure of justice

Stockholders

improve performance

Managers

major expense

Employees

financial security, entitlement, reture in an exchange

Incentive and sorting effect of pay on employers' behaviors

globle views

English

Chinese

Japanese

Forms of pay

Total compensation

cash

based wage

salary

wage

merit pay

based on performance

cost-of-living adjustment

incentives

long-term incentives

benifit

income protection

work/life balance

allowances

present value

Relational returns （phychological）

recognition and status

employment security

chanllenging work

opportunities to learn

personal satisfaction

Techniques

work analysis

孩子培训班

market definitions

德语老师

seniority based

cost

Objectives

efficiency

improving performance & increasing quality

fairness

ensuring fair treatment

compliance

conforming to federal laws

ethics

guiding the design of pay system

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