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,2013/7/12,#,单击此处编辑母版标题样式,单击此处编辑母版文本样式,第二级,第三级,第四级,第五级,Unit 11Compensation Development,Warm up,Online research:,Search the Internet and find out peoples common complaints about compensation schemes.,Discussion:,Which ones do you think are legitimate complaints and which ones are not?Personally,what do you want from a job?,In this unit,we will cover:,definition of compensation,compensation philosophy,compensation components,compensation determinants,program,framework,Compensation trends,Definition,What is compensation?,In addition to satisfying employees basic needs,what are some other positive outcomes of a successful compensation scheme?,What are the criteria of a good compensation policy?Of all these criteria,which ones do you think are the most important?,Compensation philosophy,Entitlement vs.performance,Why are they so named?(Who are entitled to what?Or whose performance in what?),What are their manifestations in actual compensation programs?,In what ways are they“opposite ends of a continuum?Do you also see them as direct opposites?,Compensation components,What are the three components of compensation programs?,What do,direct monetary rewards,include?What is the average salary level in your region?,What do,indirect monetary rewards,include?What are the most common ones in your parents work place?,What are,psychological satisfactions,?Are they as important as the previous two components?,Compensation determinants I,What is the,labor market,?In what ways can it affect compensation schemes?Do you know the market rate for graduates of your major?,What decides the organizations,ability to pay,?How will that ability affect compensation schemes?,What is the cost of living?How will that cost affect compensation schemes?What do you think is the living cost in your city?Your hometown?Beijing or Shanghai?,Compensation determinants II,What is,productivity,?Whose productivity are we dealing with here?,What is,bargaining power,?Do you think it relevant to the Chinese context?,What is,job requirement,?In what ways can that affect compensation schemes?Can you give some examples?,Compensation determinants III,What is,worker competencies,?Whats its difference with workers productivity?,What is,managerial attitude,?How do managers feelings about compensation affect the compensations they offer to employees?,What kind of,legislation,is referred to here?In what ways can that affect compensation schemes?Can you give some Chinese examples?,Compensation program frame I,job analysis,grouping similar jobs,job pricing,Comp.admin.,Can you fill in the missing links?,Compensation program frame II,Can you tell the difference between,job,analysis,and,job,description,?,What is,job,pricing,?Whats its purpose?(To sell employees on the labor market?),Why should there also be,compensation,communication,?,Compensation trends,What are the changing external factors that force compensation programs to change as well?,What are the three major trends in compensation development?Explain each of them,preferably with examples.Which ones do you think have been realized nowadays?,Summary and reinforcement,In this unit,we,discussed the definition of compensation,introduced the philosophy and components of compensation schemes,analyzed major determinants of compensation schemes,discussed steps in compensation program development,reviewed new trends in compensation development,After class,you,design a compensation scheme for an imagined company and test its feasibility with your classmates.,Thank you!,
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