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    chapter_11_overview.docx
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    Running head: Chapter 11 Summary 1

    Chapter 11 Summary

    · 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.

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