Test Bank for Compensation 5th Edition by George Milkovich, Jerry Newman, Margaret Yap – Ebook PDF Instant Download/Delivery: 1259086879 , 978-1259086878
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ISBN 10: 1259086879
ISBN 13: 978-1259086878
Author: George Milkovich, Jerry Newman, Margaret Yap
Compensation Fifth Canadian Edition is based upon the strategic choices in managing compensation – pay matters! The Great Recession (late 2000 and early 2010s) had huge ramifications for pay. There were many lessons learned about cutting hours and pay, versus layoffs, or how/why employees are compensated. Pay matters globally as well. Milkovich strives to cull beliefs from facts, wishful thinking from demonstrable results, and opinions from research. Managing compensation is an art and Milkovich is based on strategic choices in managing compensation. These choices, which confront managers, are introduced in the total compensation model in Chapter 1. The model serves as an integrating framework throughout the text. Major compensation issues are covered in the context of current theory, research, and practices. Canadian laws, facts, policies and procedures, and examples are well incorporated throughout.
Compensation 5th Table of contents:
Chapter 2 Strategy: The Totality of Decisions
PART II nternal Alignment: Determining the Structure
Chapter 3 Defining Internal Alignment
Chapter 4 Job Analysis
Chapter 5 Job-Based Structures and Job Evaluation
Chapter 6 Person-Based Pay Structures
PART II External Competitiveness: Determining the Pay Level
Chapter 7 Defining Competitiveness
Chapter 8 Designing Pay Levels, Pay Mix, and Pay Structures
Chapter 9 Employee Benefits
PART III Employee Contributions: Determining Individual Pay
Chapter 10 Pay for Performance: Performance Appraisal and Plan Design
Chapter 11 Pay-for-Performance Plans
PART IV Managing the System
Chapter 12 The Role of Governments and Unions in Compensation
Chapter 13 Compensation Budgets and Administration
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