March 2009
Intermediate to advanced
669 pages
20h 19m
English
book
PHR®/SPHR® Professional in Human Resources Certification Study Guide, Third Edition
by Anne Bogardus
Content preview from PHR®/SPHR® Professional in Human Resources Certification Study Guide, Third Edition
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6.2. Compensation
Deciding how best to compensate employees for the work they do is based on various factors including internal value (the importance of jobs relative to each other), external value (economic factors, such as supply and demand), and the knowledge, skills, and abilities (KSAs) individual employees demonstrate on the job.
Organizations must be aware of a variety of external factors when developing programs and administering compensation including economics, the labor market, competition in the product market, and other pressures such as those related to tax and accounting requirements and government legislation and regulations.
Economic factors
The ability of an organization to find qualified employees is affected by a number ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.