CHAPTER 10

Total Rewards

This functional area includes coverage of the following responsibilities and knowledge objectives.

Total Rewards—Responsibility Objectives

•   01   Analyze and evaluate compensation strategies (for example, philosophy, classification, direct, indirect, incentives, bonuses, equity, executive compensation) that attract, reward, and retain talent

•   02   Analyze and evaluate benefit strategies (for example, health, welfare, retirement, recognition programs, work-life balance, wellness) that attract, reward, and retain talent

Total Rewards—Knowledge Objectives

•   41   Compensation strategies and philosophy

•   42   Job analysis and evaluation methods

•   43   Job pricing and pay structures

•   44   External labor markets ...

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