Human Resources Management - COMPENSATION AND BENEFITS - HRM Lecture 05

Master the Essentials: Elevate Your HR Skills with Our Comprehensive Management Course. Explore Talent Acquisition, Strategy, and the Power of Social Media to Revolutionize Your Team. Unlock Dynamic HR Solutions for Today's Evolving Workplace!

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13 learners

What you'll learn

Understand the fundamentals of human resources management and strategy development
Learn effective techniques for talent acquisition and candidate selection processes
Gain insights into compensation, benefits, and performance appraisal systems
Explore the role of technology and social media in enhancing HR functions

This course includes

24 hours of video
Certificate of completion
Access on mobile and TV

Summary

Keywords

Equity Total Reward Total Compensation Job Evaluation Compensable Factor Point Method Benchmark Study Pay Survey Benchmark Job Market Line Pay Structure Pay Range

Full Transcript

What is equity? Which components make up total reward and based on which factors are these components determined? How does fixed and variable pay work in practice? What are benefits and why are they there? Under which conditions does money impact motivation for performance?

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