BU354 Chapter Notes - Chapter 11: Job Evaluation, Performance Appraisal, Job Analysis
Document Summary
Employee compensation includes all forms of pay going to employees arising from their employment. Direct financial payments (wages, salaries, incentives, commission and bonuses) Indirect financial payments (financial benefits like employer-paid insurance and vacations) Basic considerations in determining pay rates: legal requirements. Hr manages must pay careful attention to which legislation affects employees, laws are always changing and require continual monitoring to ensure compliance. Minimum standards regarding pay, minimum wage, hours of work, overtime pay, holidays etc. Purpose is to redress systemic gender discrimination in compensation for work performed by employees in female-dominated job classes. Re(cid:395)ui(cid:396)es that e(cid:395)ual (cid:449)ages (cid:271)e paid fo(cid:396) jo(cid:271)s of e(cid:395)ual (cid:448)alue o(cid:396) (cid:862)(cid:449)o(cid:396)th(cid:863) to the e(cid:373)ploye(cid:396) To provide a prompt, sure and reasonable income to victims of work-related accidents illnesses. Provides up to 45 weeks of compensation for workers unemployed through no fault of their own. Prohibit discrimination in employment (such as compensation/promotion) on basis of age, sex, colour, race/ancestry/place of origin.
