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ELEVENTH EDITION
1
GARY DESSLER
Part 4 | Compensation
Chapter
11
Employee
Compensation
Workers’ Compensation
© 2008 Prentice Hall, Inc. All
rights reserved. 11–4
Equity and Its Impact on Pay Rates
Forms of Equity
Salary Surveys
Communications, Grievance
Mechanisms, and Employees’
Participation
Employer Self-
Consulting Professional Government The
Conducted
Firms Associations Agencies Internet
Surveys
Skills
Effort
Step 2. Job Evaluation:
Identifying
Compensable Factors
Responsibility
Working Conditions
Methods for
Evaluating Jobs
Point Method
Step 3. Group
Similar Jobs Ranking Method
into Pay Grades
Classification Methods
Compensating Executives
and Managers
Executive
Base Short-term Long-Term
Benefits and
Pay Incentives Incentives
Perks
Part 4 | Compensation
Appendix for
Chapter 11