HRM 3705 (HRM3705)
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HRM3705 – COMPENSATION MANAGEMENT lectures note
- Other • 79 pages • 2022
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HRM3705 – COMPENSATION MANAGEMENT 
 
 
STUDY UNIT 1 – Strategic Compensation: A Component of HR systems Learning Outcomes: 
1.	Define and critically discuss the context of compensation – Compensation refers to all forms of financial returns and tangible services & benefits employees receive as part of an employment relationship. Compensation comprises of Intrinsic & Extrinsic rewards. 
 
2.	Differentiate between tactical and strategic decisions and discuss the relevant concepts – 
Strate...
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Compensation Management HRM3705 Semesters 1 & 2
- Other • 347 pages • 2022
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Tutorial Letter 101/3/2015 
 
Compensation Management 
HRM3705 
 
Semesters 1 & 2 
 
Department of Human Resource Management 
 
	 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Open Rubric 
 
 CONTENTS	 
Page 
1	INTRODUCTION AND STUDY MATERIAL	4 
2	PURPOSE OF AND OUTCOMES FOR THE MODULE	5 
2.1	Purpose	5 
2.2	Outcomes	5 
2.3	SABPP	5 
3	LECTURERS AND CONTACT DETAILS	6 
3.1	Lecturers	6 
3.2	Department	6 
3.3	University	7 
4	MODULE-RELATED RESOURCES	7 
4.1	Prescribed book	7 
4.2	Recommended books	7 
4.3	Electroni...
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