HRM3705 Compensation Management EXAM SUMMARY

Comprehensive notes on HRM3705 Compensation Management. Based on the textbook, these notes focus on the systematic approach to providing monetary value to employees in exchange for work performed. Compensation may achieve several purposes assisting in recruitment, job performance, and job satisfaction. These concepts include team building, leadership, problem solving, management roles, and planning. Pass all formative assessments for HRM3705 with these comprehensive notes.

Comprehensive Exam preparation notes for Compensation Management formative assessments. The subject is an important element of human resource management because it influences the decision of potential employees to join an organization and also determines the employer-employee relationship after employees become a part of the organization. These notes are based on the entire textbook and coursework.