Compensation Management

This class was created by Brainscape user Mackenzie T. Visit their profile to learn more about the creator.

Decks in this class (22)

Wilson Brothers Case Scenario
What does the wilson brothers lim...,
In the first year of operations t...,
By 2000 wilson brothers limited h...
21  cards
Chapter 1
What is compensation for employers 1,
How people view compensation affe...,
Some people view pay as a measure...
95  cards
Module 2
What is the definition of compens...,
Why is the study of compensation ...,
What are the four views of compen...
34  cards
Chapter 2
Some organizations adopt a compen...,
What do the compensation strategi...,
Can compensation be different thr...
66  cards
Module 3
Compensation strategies require d...,
There is a relationship between s...,
What is strategy 3
45  cards
Chapter 3
What are two critical questions f...,
What are the common bases for pay...,
What is a pay structure 3
97  cards
Chapter 4
If pay is to be based on work per...,
Two products result from job anal...,
Job based structures look at what 3
65  cards
Module 4
An internally consistent pay stru...,
Internal equity functions to 2,
What does the line of sight enabl...
65  cards
Chapter 5
What is job evaluation 1,
What are some major decisions in ...,
How do job evaluations fit into t...
72  cards
Module 5
What is the focus of job based pa...,
What is job evaluation 2,
What are three components of job ...
61  cards
Chapter 6
No matter the basis for the struc...,
Skill based pay plans are usually...,
The advantage of a skill based pa...
69  cards
Module 6
What are components of skill base...,
What are the two types of skill b...,
Purpose and suit of a skill based...
33  cards
Chapter 7
Two aspects of pay translate exte...,
Why do organizations offer differ...,
Are pay levels within organizatio...
105  cards
Chapter 8
The major decisions involved in s...,
Some major decisions in pay level...,
When specifying the external comp...
122  cards
Module 8
The major decisions in setting ex...,
Specifying competitive pay policy...,
Purpose of a competitive survey w...
61  cards
Chapter 9
Research has found that employees...,
One study showed that work life b...,
A recent survey of 1 000 canadian...
112  cards
Module 9
Employee benefits are what kind o...,
What benefits are typically inclu...,
Employee satisfaction with benefi...
42  cards
Chapter 10
Companies often link individual p...,
Organizational success ultimately...,
Because organizational success is...
119  cards
Module 10
Employee performance has been sho...,
Variables that affect the ability...,
Attaching rewards to motivation i...
33  cards
Chapter 11
Pay for performance plans signal ...,
What pay components that we have ...,
Is merit pay a pay for performanc...
102  cards
Chapter 12
What was the justification for pa...,
In compensation what is the gover...,
Government affects demand for lab...
83  cards
Chapter 13
What is integral to managing comp...,
The cost implications of decision...,
Creating a compensation budget in...
86  cards

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Compensation Management

  • Class purpose General learning

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