PART V Compensation
CHAPTER 10 Managing Compensation
CHALLENGES
After reading this chapter, you should be able to deal more effectively with the following challenges:
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1 Learn about the components of total compensation.
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2 Learn how to design a compensation system.
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3 Understand the difference between job and individual pay options.
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4 Develop familiarity with compensation tools.
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5 Become familiar with the legal environment affecting compensation and pay system governance.
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