PRINCIPLES OF REMUNERATION
The current term
used to describe the payment arrangements for people at work is
reward, and this is associated closely with the idea of
linking payment to performance. This, in turn, is inextricably
linked with the idea of Human Resource Management that has the
potential to transform the people management processes in and
around organisations.
In this course, we investigate
the strategic approach to reward, job evaluation and performance
pay.
You will need to read Chapters 31,
32 and 33 from the textbook
Human Resource Management
(1998) 4th edition, Derek Torrington and Laura Hall. Hemel
Hempstead: Prentice Hall International.
