Human Resources > Compensation

Needs a little more detail
Subtopics: Employee benefits: Regulatory, Standard, Optional Features, Cafeteria Plans.  FLSA, Exempt, Non-exempt, Minimum Wage, Child Labor Law

Learning Objectives:

Undergraduate students should be able to 
  1. Explain the purpose of wage and salary administration
  2. Discuss the importance of equity in compensation
  3. Discuss the basic concepts of Fair Labor Standards Act and how they apply to healthcare management 
Graduate students should be also able to 
  1. Differentiate job analysis, job evaluation, job pricing
  2. Describe various methods of paying employees and independent contractors 
  3. Find sources of data on current industry wage levels
  4. Explain the challenges of compensation equity in the face of internal and external market forces
  5. Dissect the components of employee benefit packages
  6. Analyze the relationships among job satisfaction, benefit and pay satisfaction, performance, and productivity
  7. Explain the “comparable worth” theory and its likely impact on relative wages of males and females in the future
Created By: Gerod Blue 12-18-2012
Last Updated By: Gerod Blue 12-18-2012
0 comments
0 Views
0 revisions
 

Related Links

No Related Resource entered.