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Add to cartCompensation in large profit organizations has become a synonym for greed. What is an important factor for compensation?
That it aligns with the strategy of the organization
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What is a compensation system?
The outcomes that an individual employee receives in an organization
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Barr says that compensation can contribute to the organizations' effectiveness in three ways, which?
Employee attraction
Employee retention
Employee motivation
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What are the three aims of compensation?
Influence employee attitudes and behaviours
Controlling labor costs and maintaining efficiency
Employer branding
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Name four examples of financial compensations
Salary
Bonusus
13th month
Holliday allowance
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The basis for pay is based on four things, which?
Based on a set of tasks/role based
Skills and knowledge
Seniority
Status and reputation
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There are five contract types, which?
Permanent contract
Temporary contract
Absence of a contract
Full-time contract
Part-time contract
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Create quizStrategic Human Resource Management at Radboud University Nijmegen year 2023/2024
27 questions
English
10-24-2023
Universiteit / Radboud Universiteit Nijmegen / Business Administration / Strategic Human Resource Management