BU354 Chapter Notes - Chapter 11: Total Rewards, Telecommuting, Subfactor
Document Summary
3 parts- work life programs, performance and recognition and development and career opportunities. The five components of total rewards: compensation, direct financial payments in the form of wages, salaries, incentives, commissions and bonuses, benefits: To attract, retain, motivate and engage employees. Engagement refers to a positive emotional connection to the employer and a clear understanding of the strategic significance of the job, which results in discretionary effort on the part of the employee. Employment/ labour standards acts (canada labour code: employment/labour laws set minimum standards regarding pay, including minimum wage, maximum hours of work, overtime pay, paid statutory holidays, termination pay, record keeping of pay. Pay equity acts: enacted to address the historical undervaluation of women"s work by providing equal pay for work of equal value performed by men and women. Human rights act: all jurisdictions have enacted human rights laws to protect canadians from discrimination on a number of grounds in employment and other areas.
