COMPENSATION AND BENEFITS - HRM Lecture 05

What is equity? Which components make up total reward and based on which factors are these components determined? How does fixed and variable pay work in practice? What are benefits and why are they there? Under which conditions does money impact motivation for performance?

• #education
• #equity
• #total_reward
• #total_compensation
• #job_evaluation
• #compensable_factor
• #point_method
• #benchmark_study
• #pay_survey
• #benchmark_job
• #market_line
• #pay_structure
• #pay_range
• #pay_grade
• #median
• #piecework
• #provision
• #bonuses
• #target_bonus
• #intrinsic_motivation
• #profit_sharing
• #employee_stock_ownership
• #employee_stock_option
• #benefits
• #deferred_compensation
• #flexible_benefits
• #compensation_and_benefits
• #employee_stock_ownership_plan_organization_type