文档介绍:pensation? 2001 by Prentice Hall10-1? 2001 by Prentice Hall10-2Challenges?pensation policies and practices that are most appropriate for a particular firm.?Weigh the strategic advantages and disadvantages of the pensation options. ?Establish a job-pensation scheme that is internally consistent and linked to the labor market.?Understand the difference between pensation system in which employees are paid for the skills they use and one in which they are paid of the job they hold.?pensation decisions ply with the legal framework.? 2001 by Prentice Hall10-pensationThe package of quantifiable rewards an employee receives for his or her labors. Includes ponents: pensation, pay incentives, and pensation/benefits? 2001 by Prentice Hall10-4The Elements of pensation/pensation? 2001 by Prentice Hall10-5The Nine Criteria for Developing pensation versus External EquityWill pensation plan be perceived as fair within pany, or will it be perceived as fair relative to what other employers are paying for the same type of labor? versus Variable pensation be paid monthly on a fixed basis —through base salaries —or will it fluctuate depending on such preestablished criteria as performance pany profits? versus pensation emphasize performance and tie pay to individual or group contributions, or will it emphasize membership in anization —logging in a prescribed number of hours each week and progressing up anizational ladder?? 2001 by Prentice Hall10-6The Nine Criteria for Developing pensation Plan (cont.) versus Individual pensation be based on how pany values a particular job, or will it be based on how much skill and knowledge an employee brings to that job? versus ElitismWill pensation plan place most employees under the pensation system (egalitarianism), or will it establish different plans anizational level and/or employee group (elitism)?-Market versus Above-pensationWill employees pensated at below-market levels, at mar