Running head: Chapter 11 Summary 1
· Identify the three general components of total rewards and give examples of each.
· Explain the major laws governing employee compensation.
· Outline strategic compensation decisions.
· Understand the challenges of managing global compensation systems.
· Illustrate the steps in developing a base pay system.
· Describe how individual pay rates are set.
References
Mathis, R. L., Jackson, J. H. and Valentine, S. R. (2014). Human Resource Management, Fourteenth Edition. Stamford, CT: Cengage Learning.