HRM3705 Compensation Management EXAM SUMMARY (HRM3705)
University of South Africa
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HRM3705: Building Market-Competitive Compensation Systems complete assignment with answers 2023
- Exam (elaborations) • 17 pages • 2023
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HRM3705: Building Market-Competitive Compensation Systems complete assignment with answers 2023
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HRM3705 - Compensation Management SUMMARY STUDY NOTES (2022 EXAM PREP).
- Summary • 78 pages • 2022
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HRM3705 - Compensation Management SUMMARY STUDY NOTES (2022 EXAM PREP). Study Unit 1: Strategic Compensation: A Component of Human Resource Systems 
Compensation refers to all forms of financial returns and tangible resources and benefits employees 
receive as part of an employment relationship. They are either: 
 Intrinsic—intrinsic compensation represents employees’ critical psychological states that 
result from performing their jobs. 
 Extrinsic—extrinsic compensation includes bo...
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