HRM-Chapter7-CompensationAdministration讲解.ppt

7.2 Compensation Determinants Lets have a check! Judge the statements. (T / F) In times of full employment, wages and salaries may be lower. The higher the profitability of a firm, the less it can afford to offer in compensation. There is evidence that unions tend to increase pay levels. Government has no direct influence on compensation. A pay increase has to be about equal to the increased cost of living if you want to keep the level of real wages as before. F F T F T 2014-12-22 * higher more 7.2 Compensation Determinants 2.Internal Influences on Compensation 薪酬内部影响因素 ①Job requirements