What is compensation and why is it important? give an example to support your ideas or explanation
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Question:
- What is compensation and why is it important? give an example to support your ideas or explanation
- Explain the three types of compensation: direct financial compensation, indirect financial compensation and non-financial compensation. give an example to each types to support your ideas or explanation
- Explain the contextual influences on direct financial compensation: labor market, labor unions, economy, interindustry wage differential and legislation. give an example to each compensation to support your ideas or explanation
- explain the equity in financial compensation and differentiate between internal and external equity. Give an example to support your ideas, explanation
- Explain the 3 level of compensation policy. give an example to support your ideas, explanation
- Why do companies need to focus on safety and health at workplace. give an example to support your ideas, explanation
- Safety programs may accomplish their purposes in two primary ways: unsafe employee actions and unsafe working conditions. Explain each one.
- What is stress? Please explain 3 sources of stress the general environment, organizational factor and personal factor? Please give an example to each factor.
- Define ergonomics and its importance. give an example to support your ideas or explanation
- What is internal employees relation? Why is it important? give an example to support your ideas or explanation
- Please explain discipline and disciplinary action. give an example to support your ideas or explanation
- Please explain these three disciplinary action approaches: hot stove rule, progressive disciplinary action and disciplinary action without punishment. give an example to support your ideas or explanation
- Define demotion and its importance. give an example to support your ideas or explanation
- What is global human resource management? When and why do we have to focus on global human resource management? give an example to support your ideas or explanation
- Please explain the 4 types of organizational cultures: clan culture, adhocracy culture, market culture and hierarchy culture. give an example to support your ideas or explanation
- Please explain the 4 major approaches to global staffing: ethnocentric. Polycentric, regiocentric, geocentric staffing. give an example to support your ideas or explanation
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