Content - Compensation Systems
Description:
The attached video will provide an explanation of a compensation system as the precursor to a compensation plan. A compensation system is all the financial and non-financial value workers receive from an organization in exchange for their labor.
What to gain:
As you listen to the presentation it may be helpful to stop, pause and take notes on how some of what you hear may impact your own employment experience, or as an HR professional, how viewing the components of a compensation system may impact how you create your compensation plan, capable of determining how you hire, pay, treat and retain employees at companies where you work, or may work in the future.
Upcoming activities:
Before completing this module you will need to:
- Participate in a discussion.
- Submit a Quiz meant to assess your level of gained knowledge