2.Monetary Compensation A.Direct Compensation 2)Incentives (P196) Depend on employees'performances Piece Work Plans (P196) Team or Group Incentive plans (P196) Bonuses (P197) Stock option(P197)
11 2) Incentives (P196) Depend on employees’ performances Piece Work Plans (P196) Team or Group Incentive plans (P196) Bonuses (P197) Stock option (P197) Compensation Management 2.Monetary Compensation A. Direct Compensation
2.Monetary Compensation A.Direct Compensation 2)Incentives (P196) Salary Commissions (P198) Merit Pay (P198) Profit-Sharing Plans (P197) Employee Stock Ownership Plan (P197) Scanlon Plans (P199) Earnings-At-Risk Pay Plans (P200)
12 2) Incentives (P196) Salary + Commissions (P198) Merit Pay (P198) Profit-Sharing Plans (P197) Employee Stock Ownership Plan (P197) Scanlon Plans (P199) Earnings-At-Risk Pay Plans (P200) Compensation Management 2.Monetary Compensation A. Direct Compensation
2.Monetary Compensation B.Indirect Compensation (Benefits) 1)Public Protection (Legally Regally) The social security system (P205) Unemployment Insurance (P202) Medicare (P204) Workers'compensation (P204) ÷Pensions(P206) 13
13 2.Monetary Compensation B. Indirect Compensation (Benefits) 1）Public Protection (Legally Regally) ❖ The social security system (P205) ❖ Unemployment Insurance (P202) ❖ Medicare (P204) ❖ Workers’ compensation (P204) ❖ Pensions (P206) Compensation Management
2.Monetary Compensation B.Indirect Compensation (Benefits) 2)Private Protection Savings Severance Pay (P203) Other Insurance
14 2) Private Protection Savings Severance Pay (P203) Other Insurance Compensation Management 2.Monetary Compensation B. Indirect Compensation (Benefits)
2.Monetary Compensation B.Indirect Compensation (Benefits) 3)Paid Leave Training Work breaks Sick days Vacations Holidays Personal days 15 Rest periods
15 3) Paid Leave Training Work breaks Sick days Vacations Holidays Personal days Rest periods Compensation Management 2.Monetary Compensation B. Indirect Compensation (Benefits)