A Guide to the Human Resource Body of Knowledge (HRBoK) by Sandra M. Reed
Author:Sandra M. Reed
Language: eng
Format: epub, pdf
ISBN: 9781119374886
Publisher: Wiley
Published: 2017-04-10T00:00:00+00:00
One-on-One Meetings
Direct interaction between two people
Person-to-person communication, such as a conversation between an HR manager and an employee
Designing Pay Systems
Employers (translation, HR) must design a comprehensive system to reward employees for their hard work. Components of these systems most often include:
Direct compensation Payments made to employees to include base salary. Direct pay includes exempt (employees who are exempt from overtime wage laws) and nonexempt (hourly paid) workers, and may be tied to minimum wage laws and other regulated components of direct pay programs.
Indirect compensation All other rewards not associated with direct pay, including incentives, inducements, time-off benefits such as sick time or holiday pay, and pension plan payments.
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