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HRM3705 CHAP 15
- Institution
- University Of South Africa (Unisa)
STUDY UNIT 11 CHAPTER 15
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Chapter Topics• Major Decisions
• Specify Competitive Pay Policy
•
COMPENSATION MANAGEMENT
The Purpose
p of a Survey
y
• Select Relevant Market Competitors
• Design the Survey
• Interpret Survey Results and Construct a Market line
• From Policy to Practice: The Pay-Policy Line
CHAPTER 15 (Study unit 11)
The role of trade unions
, Chapter Topics
• The Impact of Unions in Wage Determination
• Unions and Alternative Reward Systems
, Impact of Unions in Wage Determination
• I
Impact
t on generall wage and
d benefit
b fit levels
l l
• Impact on structure of wages
• Impact on non-union firms, spillover effect
• Impact on wage and salary policies
and practices in unionized firms
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