Compensation Strategies and Practices
1.Identity the two general types of compensation and the components of each
2.Give examples of two different compensation philosophies in organizations
3.Discuss four strategic compensation design issues
4.Decribe three considerations affecting perceptions of pay fairness
5.Deline job evaluation and discuss four methods of performing it.
6.Outline the process of building a wage and salary administration system
7.Discuss how to establish a pay for performance system