Human Resource Management opens in new window, Chapters 11, 12, and 13. https://learn.snhu.edu/d2l/common/dialogs/quickLink/quickLink.d2l?ou=1247477&type=lti&rcode=snhu-659863&srcou=210399
Chapter 11 focuses on employee compensation discussing decisions and concepts in compensation structures, competitive market and global influences, pay equity, executive pay and challenges in compensation management. Consider the following questions as you read this chapter:
How does the concept of internal and external pay equity effect the perception of fairness, employee engagement, and retention?
How would you describe the controversy over pay equity and the gap between executive pay and pay for all others?
What is the importance of employee participation and communication in compensation management?
Chapter 12 discusses how to use pay to recognize and reward employees for their contribution to organizational success. It reviews how pay influences employees, the advantages and disadvantages of pay programs, and how organizations align incentive programs to the balanced scorecard. Consider the following questions as you read this chapter:
How does pay influence employee behavior?
How do you properly design and administer programs for recognizing employee contributions to organizational success?
What do you need in a pay program to address competitive forces in the market?
Chapter 13 explains the major provisions of employee benefit programs in the U.S and identifies the growth of benefit costs. It identifies the regulatory constraints that affect benefit design and addresses the effects of benefits to the workforce. Consider the following questions as you read this chapter
How will the right mix of benefits assist organizations in attracting and retaining talent?
How does an employer choose the right benefit mix while controlling benefit costs?
What communication approaches ensure the effective messaging about the value of benefits?
