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What equilibrium do human resource departments seek to bring about in terms of employee compensation and benefits?
EncofBizandFinance
Compensation should be legal and ethical, adequate, motivating, fair and equitable, cost-effective, and able to provide employment security (Cherrington, 1995).
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What are the benefits of workers' compensation?
what an employee promise not to do when he accepts worker's compensation benefits
What represents an employee's total compensation plan?
Salary's and benefits
Why is workers' compensation benefits necessary?
so that the employee doesn't have to sue the employer for medical benefits
What are the responsibilities of a compensation and benefits manager?
The responsibilities of a compensation and benefits manager involve the design and implementation of compensation and benefits programs. They are also responsible for ensuring the programs are cost effective, meet employee needs and comply with the law.
What comprises employee compensation?
Usually, compensation is composed of the base wage or salary, any incentives or bonuses, and other benefits.
Which of these is the best description of a total compensation plan?
the wages and benefits an employee receives at a job...
What has the author Joseph J Martocchio written?
Joseph J. Martocchio has written: 'Employee benefits' -- subject(s): Compensation management, Employee fringe benefits 'Research in Personnel and Human Resources Management, Volume 25 (Research in Personnel and Human Resources Management)' 'Strategic compensation' -- subject(s): Compensation management
What is the best defentiton of employee benefits?
In general, indirect and non-cash compensation paid to an employee. Some benefits are mandated by law (such as social security, unemployment compensation, and workers compensation), others vary from firm to firm or industry to industry (such as health insurance, life insurance, medical plan, paid vacation, pension, gratuity).
Federal employee compensation act (feca) provides compensation benefits to federal employees who are?
disabled due to injury or illness sustained while in the performance of duty.
What has the author Kathryn J Kennedy written?
Kathryn J. Kennedy has written: 'Employee benefits law' -- subject(s): Law and legislation, Deferred compensation, Pension trusts, Employee fringe benefits
What is a compensation package?
Sum of direct benefits (such as salary, allowances, bonus, commission) and indirect benefits (such as insurance, pension plans, vacations) that an employee receives from an employer. [businessdictionary.com]
What is in a typical compensation package?
salary and all employee benefits
