Hrm3705 exam prep Study guides, Study notes & Summaries

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...

HRM3705 SUMMARY STUDY NOTES (2022 EXAM PREP) This is an all-inclusive guide to HRM3705 - Compensation Management 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—extr...

HRM3705 SUMMARY STUDY NOTES (2022 EXAM PREP) 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 both monetary and nonmonetary rewards. C...

Compensation Management HRM3705 Patric Trollope 11‐16‐2019 S - The study-notes marketplace Downloaded by: juneymay | Distribution of this document is illegal S - The study-notes marketplace 1 Chapter 1: Remuneration Management Overview Remuneration Definition The financial & non‐financial extrinsic rewards provided by an employer for the time, skills & effort made available by the employee in fulfilling job requirements aimed at achieving organisational objectives....

HRM3705 examination preparation compiled May 2020. Contains various past assignments solutions from 2015, 2017, 2018, 2019 and 2020 as well as discussions from 2018. Some questions formed part of past exam papers.

Chapter 1: Remuneration Management Overview Remuneration Definition The financial & non‐financial extrinsic rewards provided by an employer for the time, skills & effort made available by the employee in fulfilling job requirements aimed at achieving organisational objectives. Remuneration includes both intrinsic & extrinsic rewards which employees receive for performing their jobs & both these elements encompass an organisations total remuneration system. Remuneration Componen...

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HRM3705 SUMMARY STUDY NOTES (2022 EXAM PREP) This is a complete and an all-inclusive guide to HRM3705 - Compensation Management 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.  Ext...