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Strategic Compensation: A Human Resource Management Approach, 9/e
book

Strategic Compensation: A Human Resource Management Approach, 9/e

by Joseph J. Martocchio
January 2016
Intermediate to advanced content levelIntermediate to advanced
480 pages
20h 58m
English
Pearson
Content preview from Strategic Compensation: A Human Resource Management Approach, 9/e

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Summary

  • Learning Objective 1: Seniority and longevity pay ­reward employees with periodic additions to base pay according to length of service. Whereas seniority pay increases become a part of base pay, longevity awards do not.

  • Learning Objective 2: Merit pay rewards employees based on performance with periodic, recurring additions to base pay. Merit pay systems commonly incorporate subjective measures of employee performance.

  • Learning Objective 3: Performance appraisal is a mechanism that helps determine whether employees qualify for ...

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Publisher Resources

ISBN: 9780134320540