Compensating Employee
1 Compensating Employee
Main points *Compensation and compensation management Principles of compensation management Methods and Process of designing compensation Trends of compensation
2 Main points ❖ Compensation and compensation management ❖ Principles of compensation management ❖ Methods and Process of designing compensation ❖ Trends of compensation
Compensation Non-monetary rewards Monetary compensation Direct compensation Career rewards Basic salary Social rewards Incentives Indirect compensation Public protection Private protection Paid leave Life-cycle benefits
3 Non-monetary rewards Career rewards Social rewards Monetary compensation Direct compensation Basic salary Incentives Indirect compensation Public protection Private protection Paid leave Life-cycle benefits Compensation
1.Non-Monetary Rewards 1)Career rewards Security Self-development Career flexibility Opportunity for growth in income How many career rewards in a company?
4 1.Non-Monetary Rewards 1) Career rewards Security Self-development Career flexibility Opportunity for growth in income How many career rewards in a company？ Compensation Management
1.Non-Monetary Rewards 2)Social Rewards Status symbols Praise and recognition Task enjoyment Friendship How many social rewards in a company? 5
5 2) Social Rewards Status symbols Praise and recognition Task enjoyment Friendship How many social rewards in a company？ Compensation Management 1.Non-Monetary Rewards