[英文版]人力资源管理概论-Compensating-Employees8(ppt-89页).ppt
《[英文版]人力资源管理概论-Compensating-Employees8(ppt-89页).ppt》由会员分享,可在线阅读,更多相关《[英文版]人力资源管理概论-Compensating-Employees8(ppt-89页).ppt(90页珍藏版)》请在淘文阁 - 分享文档赚钱的网站上搜索。
1、2When you finish studying this chapter, you should be able to: Explain each of the five basic steps in establishing pay ratesDiscuss four basic factors determining pay ratesCompare and contrast piecework and team or group incentive plansList and describe each of the basic benefits most employers mig
2、ht be expected to offer 3Pay FactorsLegalUnionPolicyEquity 4Some Important Compensation Laws Fair Labor Standards Act - contains minimum wage, maximum hours, overtime pay, equal pay, record-keeping, and child labor provisions covering the majority of U.S. workers5Some Important Compensation LawsEqua
3、l Pay Act - employees of one sex may not be paid wages at a rate lower than that paid to employees of the opposite sex for doing roughly equivalent work 6Some Important Compensation LawsTitle VII of the Civil Rights Act makes it an unlawful practice for an employer to discriminate against any indivi
4、dual7Some Important Compensation LawsAge Discrimination in Employment ActAmericans with Disabilities Act Family and Medical Leave Act 8How Unions Influence Compensation Decisions National Labor Relations Act (NLRA) of 1935 granted employees the right to organize and to bargain collectively 9Equity a
5、nd Its Impact on Pay RatesExternal Equity - pay must compare favorably with rates in other companies, or an employer will find it hard to attract and retain qualified employees 10Equity and Its Impact on Pay RatesInternal Equity - Each employee should view his or her pay as equitable given other emp
6、loyees pay in the organization 11How Employers Establish Pay Rates Conduct a salary surveyEmployee committee determines the worth of each jobGroup similar jobs into pay grades Price each pay grade by using wage curves Develop rate ranges 12Step 1: Conduct the Salary Survey Salary (or compensation) s
7、urveysformal or informal surveys of what other employers are paying for similar jobs Collect data on benefits13http:/stats.bls.gov14Step 2: Determine the Worth of Each Job Job evaluation - formal and systematic comparison of jobs to determine the worth of one job relative to another Compensable fact
8、ors - factors that determine your definition of job content, establish how the jobs compare to each other, and set the compensation paid for each job 15Job Evaluation Methods Ranking method - ranks each job relative to all other jobs Job classification - manager categorizes jobs into groups based on
9、 their similarity in terms of compensable factors such as skills and responsibility 16Ranking Method of Job EvaluationObtain job informationSelect raters and jobs to be ratedSelect compensable factorsRank jobsCombine ratings17Job Evaluation Methods Point method - involves identifying several compens
10、able factors, each having several degrees, and then assigning points based on the number of degrees, to come up with an actual number of points for each job18Step 3: Group Similar Jobs into Pay Grades Pay grade comprises jobs of approximately equal difficulty or importance as determined by job evalu
11、ation 19Step 4: Price Each Pay GradeWage Curves Wage curve - shows the average pay rates currently being paid for jobs in each pay grade20Step 5: Develop Rate Ranges May be 10 levels or steps and 10 corresponding pay rates within each pay grade 21Pricing Managerial and Professional Jobs Emphasize no
12、n-quantifiable factors such as judgment and problem solving Tendency is to pay managers and professionals based on their performance 22Pricing Managerial and Professional JobsFour main components: Base salary Short-term incentives Long-term incentives Executive benefits and perks23Current Trends in
13、Compensation CompetencySkill-Based Pay Employee is paid for the range, depth, and types of skills and knowledge he is capable of 24Current Trends in CompensationSkill-based pay programs Employer defines specific skills, and has a method for determining the persons pay based on his or her skill compe
14、tencies25Current Trends in CompensationBroadbanding Collapsing salary grades and ranges into just a few wide levels or bands, each of which contains a relatively wide range of jobs and salary levels 26The “New Pay”Employers want to ensure that their compensation plans add value in terms of achieving
15、 the firms strategic goals27Insert Figure 7.528Incentive Plans Individual incentive programs give performance-based pay to individual employees who meet their individual performance standardsVariable pay refers to group pay plans that tie payments to productivity 29Incentive PlansPiecework - Pay is
16、tied directly to what the worker produces 30Team or Group Incentive Plans Tying team performance to the companys strategic goals Main disadvantage is that each workers rewards are not based just on his own efforts 31Incentive PlansStock option - the right to purchase a specific number of shares of c
17、ompany stock at a specific price during a period of time 32Incentives for Salespeople Most companies pay their salespeople a combination of salary and commissionsTypically a 70% base salary/30% incentive mix 33Recognized-Based AwardsStudies show that recognition has a positive impact on performance,
18、 either alone or in conjunction with financial rewards34Online Award ProgramsRecognition programs are expensive to administerFirms partner with online incentive firms to expedite 36Incentive PlansMerit pay, (merit raise) - any salary increase awarded to an employee based on his or her individual per
19、formance Profit-sharing plan - most employees receive a share of the companys annual profits 37Incentive PlansEmployee stock ownership plan (ESOP), a corporation contributes shares of its own stockor cash to be used to purchase such stockto a trust established to purchase shares of the firms stock f
20、or employees 38Incentive PlansGainsharing plans - want to encourage improved employee productivity by sharing resulting financial gains with employees 39Scanlon PlanPhilosophy of CooperationIdentityCompetenceInvolvement SystemSharing of Benefits Formula40Earnings-at-Risk Pay PlansSome portion of emp
21、loyees base salary is at risk41Technology and Incentives Enterprise Incentive Management (EIM) software is used to automate the planning and management of incentive plans42http:/ 43Employee Benefits Benefits - defined as all the indirect monetary and non-monetary payments an employee receives for co
22、ntinuing to work for the company44Pay for Time Not WorkedSupplemental Pay Benefits holidays, vacations, sick leave and jury duty45Pay for Time Not WorkedSeverance Pay a one-time separation paymentWorker Adjustment and Retraining Act of 198946Insurance BenefitsWorkers Compensation aimed at providing
23、sure, prompt income and medical benefits to work-related accident victims or their dependents47Insurance BenefitsCOBRA Comprehensive Omnibus Budget Reconciliation Act requires most employers to make available to terminated employees continued health benefits for a period48Retirement Benefits Social
24、Security Retirement benefitsDeath benefitsDisability payments49Pension PlansDefined Benefit pension plan contains a formula for determining retirement benefits so that the actual benefits to be received are defined ahead of time 50Pension PlansDefined Contribution plan specifies what contribution th
25、e employer will make to a retirement or savings fund set up for the employee 51Employee Service BenefitsEmployee Assistance Programs (EAPs) - formal employer program for providing employees with counseling and advisory services52Employee Service BenefitsFlexible benefits plans - initially called caf
- 配套讲稿:
如PPT文件的首页显示word图标,表示该PPT已包含配套word讲稿。双击word图标可打开word文档。
- 特殊限制:
部分文档作品中含有的国旗、国徽等图片,仅作为作品整体效果示例展示,禁止商用。设计者仅对作品中独创性部分享有著作权。
- 关 键 词:
- 英文版 英文 人力资源 管理 概论 Compensating Employees8 ppt 89
链接地址:https://www.taowenge.com/p-26714610.html
限制150内