Chapter 7 Establishing Strategic Pay Plans

Highlights: Competency-based Pay in Practice

Key Points: basic considerations in determining pay rates; establishing pay rates; current trends in compensation; pricing managerial and professional jobs; current issues in compensation management

Contents:

   1. Explain the basic factors in determining pay rates

   2. Explain in detail how to establish pay rates

   3. Explain how to price managerial and professional jobs

   4. Discuss current trends in compensation

   5. Discuss wage policies in Asia