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Compensation Concepts

Plan. Where we areUnderstand the basics of compensation in organizationsWhere we want to beUnderstand more advanced concepts in compensation and benefitsHow we know how we're doingHow can we adjust pay relative to the market as a whole?How can we relate compensation within a job?Why do compan

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Compensation Concepts

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    1. Compensation Concepts Prof. John Kammeyer-Mueller MGT 4301 Unit 4, Lecture 2: Compensation Concepts Continued

    2. Plan Where we are Understand the basics of compensation in organizations Where we want to be Understand more advanced concepts in compensation and benefits How we know how we’re doing How can we adjust pay relative to the market as a whole? How can we relate compensation within a job? Why do companies tend to pay established workers more? Unit 4, Lecture 2: Compensation Concepts Continued

    3. The simple process of developing a point factor system Unit 4, Lecture 2: Compensation Concepts Continued

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