What is equity? Which components make up total reward and based on which factors are these components determined? How does fixed and variable pay work in practice? What are benefits and why are they there? Under which conditions does money impact motivation for performance?
Views: 139065 Armin Trost
HR Basics is a series of short courses, designed to highlight what you need to know about a particular human resource management topic. In today’s HR Basics, we explore compensation, highlighting the three elements of a base compensation system - internal alignment, external competitiveness and compensation management. Compensation is pay provided by an employer to an employee in return for work. Total Rewards is a concept that describes all the tools available to an employer that may be used to attract, motivate and retain employees. Compensation is comprised of two core elements - fixed Pay or base pay that does not vary and variable pay which changes with performance or results. A basic model for building a compensation plan includes three elements - internal alignment, external competitiveness and compensation management. Seven steps, or actions are organized in the three critical areas of compensation plan development. In this course we will take a look at each step. Compensation is a critical element of your total rewards strategy. A strong base pay structure is built through internal alignment, external competitiveness, and compensation management.
Views: 21650 Gregg Learning
definition of compensation human resource management chapter1 of unit 2 video 3 unit2 hrm compensation management contact and follow us on :- facebook - https://www.facebook.com/Tamanna.tiny/ twitter - https://twitter.com/Tanniiiiiiiiiii instagram :- https://www.instagram.com/btannu4/
Views: 1549 Ta Nu
Human Resource Management; Management; Compensation : Establishing Strategic Pay Plans l Human Resource Management 1. Basic Factors in Determining Pat Rates : 00:01:00 - 00:02:35 2. Compensation Scenario in India : 00:02:37 - 00:08:16 3. Corporate Policies, Competitive Strategy & Compensation Strategy : 00:08:19 - 00:12:18 4. Compensation Policy Issues : 00:12:21 - 00:15:30 5. Equity & Its Impact on Pay rates : 00:15:34 - 00:18:36 6. Addressing Equity Issues : 00:18:40 - 00:19:20 7. Steps in Establishing Pay Rates : 00:19:19 - 00:26:03 8. Pricing Managerial & Professional Jobs : 00:26:04 - 00:28:37 9. Competency Based Pay : 00:28:41 - 00:31:30 Video by Edupedia World (www.edupediaworld.com), Free Online Education; Click here (https://www.youtube.com/view_all_playlists?sq=Human+Resource+Management) for more videos on Subject name (Human Resource Management); All Rights Reserved
Views: 3540 Edupedia World
meaning of compensation human resource management chapter1 of unit 2 video 2 unit2 hrm compensation management contact and follow us on :- facebook - https://www.facebook.com/Tamanna.tiny/ twitter - https://twitter.com/Tanniiiiiiiiiii instagram :- https://www.instagram.com/btannu4/
Views: 1317 Ta Nu
Wages and Compensation: Human Resources | Management Ideal framework for Compensation Policy | Wages and Compensation: Introduction of Compensation Wage and Salary Facts about the Compensation (00"00-03:11) Objectives of Compensation Components of Compensation (03:12-05:25) Core components of Compensation (05:26-06:35) Direct Compensation and Indirect Compensation Non monetary benefit (06:36-07:35) Factors responsible for framework of Compensation: External factors and other factors (07:36-10:08) Determinants Product market and labor market (10:09-11:20) Fringe benefits Classification of fringe benefits (11:21-13:27) Managing Compensation Compensation as retention strategy (13:28-15:41) Video by Edupedia World (www.edupediaworld.com), Online Education. Click here https://www.youtube.com/playlist?list=PLJumA3phskPFLNqEOCBGIJyHSm9MMXhGT for more videos on Wages and Compensation. All Rights Reserved.
Views: 1102 Edupedia World
Wages and Compensation: Human Resources | Management Fringe benefits and allowances | Human Resources | Wages and Compensation: Definitions of Fringe Benefits Types of Fringe Benefits, Categories of Fringe Benefits Objectives of Fringe benefits (00:00-04:15) Incentives Types of Incentives (04:16-07:08) Stock options Perks and Perquisites (07:09-09:11) Video by Edupedia World (www.edupediaworld.com), Online Education. Click here https://www.youtube.com/playlist?list... for more videos on Wages and Compensation All Rights Reserved.
Views: 3007 Edupedia World
This Video contains Explanation of Compensation, Compensation Meaning, Compensation meaning in Hindi, Compensation definition, Compensation Features/ Compensation characteristics/ Compensation nature For the notes used in the video in PDF Format please visit my blog: http://learningtolearn2017.blogspot.in/2018/05/online-study-for-all-those-who-are.html Full playlist of HRM https://www.youtube.com/watch?v=orbJxHV-WAI&list=PL_EEImM8NxiPMvI1fhbbZMtgRIRitGDTm Follow us on Facebook: https://www.facebook.com/Learningtolearn2017 Follow us on Twitter: https://twitter.com/2017learningto If you want to support this channel you can donate through Paytm 9265799867
Views: 16004 Learning to Learn
Every employee receives a paycheck and translates that paycheck into a lifestyle. Understanding an organization’s compensation program is critical in developing HR strategies that help employees feel motivated, recognized and rewarded. Failing to understand compensation can lead to a disjointed effort in human resources, which in turn can minimize an organization’s overall success.
Views: 7591 Gregg Learning
Wages and Compensation : Management | Human Resources Wages and Compensation | Introduction to wages and compensation | Human Resources | Management Wages and Compensation introduction Definition of wages Purpose or Objectives of wages and salary administration Definition of wage and salary administration Sound wage policy(00:00-02:27) Beach's views on wages and compensation(02:28-02:52) Definition of Wages Definition of Salaries Definition of Compensation(02:53-03:40) Sound wage policy Elements of a good wage plan(03:41-05:06) Wages under various acts Minimum Wages Act,1948 Payment of Wages Act,1936 Workmen's Compensation Act,1923 (05:07-10:39) Video by Edupedia World (www.edupediaworld.com), Free Online Education. Click here (https://www.youtube.com/playlist?list=PLJumA3phskPFLNqEOCBGIJyHSm9MMXhGT) for more videos on Wages and Compensation. All Rights Reserved.
Views: 3311 Edupedia World
Compensation is a very important term of Human Resource Management. There are some kinds of compensation in HRM. Know them by watching the video. HR Perception is an Organization that is committed to develop human resources and build a dynamic young professional community. YouTube Subscription Link: https://www.youtube.com/channel/UCXbhEAWvx5SXdFV36uVHyNA Facebook Link: www.facebook.com/HRPerception Our services: 1) Soft Skill Training 2) Career Guideline & Development 3) Standard CV/Resume Making 4) Linkedin & bdjobs Profile Updating 5) Job Interview Guideline Regards, HR Perception +88 018 7696 6969
Views: 283 HR Perception
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Views: 238 Ta Nu
COMPENSATION MANAGEMENT 3--INCENTIVE PLANS SHASHI AGGARWAL CHANNEL PROVIDES VIDEOS ON ECONOMICS.COMMERCE AND MANAGEMENT SUBJECTS. WRITTEN NOTES ALSO AVAILABLE ON MY BLOG www.gargshashi.com. SECOND CHANNEL SHASHI AGGARWAL ECONOMICS AND LAW PROVIDES LECTURES ON ECONOMICS AND LAW SUBJECTS.
Views: 142 Shashi Aggarwal
Successful compensation professionals from LinkedIn, Siemens Corporation and Marriott Vacations Worldwide provide career advice. With Nick Vollrath, CCP, GRP, CSCP, Manager, Compensation, Siemens Corporation Christina Hall, Sr. Director, Global Compensation, LinkedIn Cathy Peffen, CBP, CCP, CSCP, GRP, WLCP, ACCP, MCCP, VP of Global HR Services and Executive Compensation, Marriot Vacations Worldwide Moderated by Steve Seltz, CCP, Vice President Compensation & Benefits, US/Americas, Siemens Corporation
Views: 3713 WorldatWorkTV
-- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Views: 10888 norman bisquera
Compensation: Qualities and Determinants Please Subscribe for more videos. Easy Learn: https://goo.gl/K9wFfS
Views: 71 Easy Learn
What Is Compensation? by Mike Kappel on September 14, 2016 You give your employees a regular paycheck. But, you might also give other wages to your employees. Do those other wages count as compensation? What is compensation? What is compensation? Compensation is the total cash and non-cash payments that you give to an employee in exchange for the work they do for your business. It is typically one of the biggest expenses for businesses with employees. Compensation is more than an employee’s regular paid wages. It also includes many other types of wages and benefits. Types of compensation include: Base pay (hourly or salary wages) Sales commission Overtime wages Tip income Bonus pay Recognition or merit pay Benefits (insurances, standard vacation policy, retirement) Stock options Other non-cash benefits How to determine compensation of employees There are many ways to determine an employee’s compensation. No matter how you determine employee wages, you should consider internal equity. Internal equity is when you compare the positions in your business to ensure fair pay. Visit our Channel: https://www.youtube.com/channel/UCv3B... For university Lecture: https://www.youtube.com/channel/UCNEH... For Cricket videos: https://www.youtube.com/watch?v=M-mL5... https://www.youtube.com/watch?v=64zt6... https://www.youtube.com/watch?v=pX6C1... Cricket,youtube,highlights,football,sports,news,singing,live performance,fight,car accident,girl,cute girl,real face, geo tv, bol tv Cricket,youtube,highlights,football,sports,news,singing,live performance,fight,car accident,girl,cute girl,real face,geo tv,bol tv,What is Compensation,meaning of Compensation,compensation,hindi,urdu
Views: 22353 Romesa Tanveer
For notes like us on facebook Link- https://www.facebook.com/Study-Kreeda-160633667770071 Gmail id- [email protected] Next lecture - https://youtu.be/6UEJYeZU4t0 This video is made through mobile camera focuses on students who are preparing for UGC NET exam or any Competitive Exam whose specialisation is HUMAN RESOURCE MANAGEMENT. Thank you All The best Jai Hind
Views: 28244 Study Kreeda
What is equity? Which components make up total reward and based on which factors are these components determined? How does fixed and variable pay work in practice? What are benefits and why. This lecture was conducted at the Furtwangen University (HFU) in 2017/2017. It covers the whole range of modern Human Resource Management (HRM). The lecture includes a balanced mix of both. Stuck with PMP? Enroll in our PMP Online Training and Get PMP in 45 Days with PMBOK5 You can join in the conversations and be a part of the current discussions on iZenBridge.
Views: 31 Shela Bashir
Alexis explains her responsibilities and compensation as a human resources management and program analyst for the Centers for Disease Control and Prevention. The use of images from the Centers for Disease Control and Prevention (CDC) does not imply endorsement of Khan Academy or the information contained herein by the CDC. This video is part of a series on Khan Academy covering the responsibilities, requirements, and financial aspects of careers. Careers and Personal Finance on Khan Academy: Are you wondering how to land your dream job? How to pay off student loans? What’s the best way to negotiate your salary? Finding answers to questions like these can be hard, but we’re here to help. We ask real people in real jobs how they make it all work in our new video series about careers and personal finance, brought to you with support from Bank of America. Check out our career and personal finance videos on Better Money Habits, Bank of America's financial literacy website: https://bettermoneyhabits.bankofamerica.com About Khan Academy: Khan Academy is a nonprofit with a mission to provide a free, world-class education for anyone, anywhere. We believe learners of all ages should have unlimited access to free educational content they can master at their own pace. We use intelligent software, deep data analytics and intuitive user interfaces to help students and teachers around the world. Our resources cover preschool through early college education, including math, biology, chemistry, physics, economics, finance, history, grammar and more. We offer free personalized SAT test prep in partnership with the test developer, the College Board. Khan Academy has been translated into dozens of languages, and 100 million people use our platform worldwide every year. More free lessons at KhanAcademy.org And remember, you can learn anything. For free. For everyone. Forever. #YouCanLearnAnything Subscribe to KhanAcademy’s Careers and Personal Finance channel: https://www.youtube.com/c/KACareersPersonalFinance Join us on Facebook or follow us on Twitter at @khanacademy.
Views: 4843 Careers and Personal Finance by Khan Academy
B.com HRM Notes | B.com Human Resource Management Notes HRM: Human Resource Management – Important Question Notes B.com 3rd year मानव संसाधन प्रबंधन Compensation in HRM | between base and supplementary compensation | Compensation objectives |components of Compensation | Challenge are being faced to designed compensation of workers |B.com HRP Notes Click Below Link http://selfadhyan.in/bcom_HRM_Eng.html अन्य छात्र को साझा करें (Share to Other Student) नवीनतम अद्यतन के साथ जुड़ने के लिए सदस्यता लें (subscribe to connect with latest update) My Personal Face-book Account (Any Query – Project or Website Develop) https://www.facebook.com/manojlbsti23 Facebook (Like to Connect) https://www.facebook.com/selfadhyan Twitter (Follow for update) https://twitter.com/selfadhyan Goggle Plus (Connect With) https://plus.google.com/u/0/105944295124582696956 Site visit http://selfadhyan.in/ Download Tally PDF and Learn for more details mail to [email protected] or whatsapp on 9818606913 Prepared By (Manoj Sir)
Views: 2049 Self Adhyan Guruji
compensation management in Human Resource management(HRM)|TSNPDCL JPO SYLLABUS|TELUGU #tsnpdcljpo #tsnpdcljpomaterial #tsnpdcljpotelugu
Views: 4517 Commerce Tutorials
For notes like us on facebook Link- https://www.facebook.com/Study-Kreeda-160633667770071 Gmail id- [email protected] Previous class-https://youtu.be/TVe5DIADLZA This video is made through mobile camera focuses on students who are preparing for UGC NET exam or any Competitive Exam whose specialisation is HUMAN RESOURCE MANAGEMENT. Thank you All The best Jai Hind
Views: 8180 Study Kreeda
Wages and Compensation: Human Resources | Management Benefits and Allowances | Legally Required Benefits | Wages and Compensation: Introduction Objectives of benefits and services (00:00-02:14) Five categories of benefits Legally required benefits (02:15-02:45) Retirement Related Insurance Related (02:46-03:17) Payment for the time not worked Factors which influence the benefits (03:18-04:15) Video by Edupedia World (www.edupediaworld.com), Online Education; Click here https://www.youtube.com/playlist?list=PLJumA3phskPFLNqEOCBGIJyHSm9MMXhGT for more videos on Wages and Compensation All Rights Reserved.
Views: 371 Edupedia World
CAREERS IN MBA HUMAN RESOURCE.Go through the career opportunities of MBA HUMAN RESOURCE, Govt jobs and Employment News channel from Freshersworld.com – The No.1 job portal for freshers in India. Visit http://www.freshersworld.com?src=Youtube for detailed Career information,Education details of MBA HUMAN RESOURCE. Human Resource Management or HRM is mainly concerned with managing the limited workforce of an organization in most eminent manner. It is the process of developing and hiring the employees to bring maximum possible benefits to the company. On a broader prospect, Human Resource Management involves the procedure of hiring workforce, imparting development and training, maintain workforce regulation, assessing their performance, motivating them, building reliable relations with the labor, and assessing welfare, health and safety of the workforce. MBA in HR is not only a specialized but also a stimulating and challenging subject of management. With the establishment of new industries and most companies working in more than one branch, HRM has gained enormous significance since then. HRM is, therefore, the backbone of any organization that aims to deliver skilled and knowledgeable workforce to the company. The course duration of MBA-HR is two years. To get admission in this discipline, one need to possess at least 50% marks in the graduation. During this course, candidates are imparted with training in managing, developing and exploring the workforce for an organization in the most optimal way. Within the course curriculum, the students are provided with knowledge in fields of strategic management, legal aspect management, human resource development, and more. The students are also taught about diversified social, cultural, and economic aspects that influence the nature of an employee within the organization. It is necessary to score well in entrance exams such as CAT/Mat/XAT or ATMA to get admission to well-known MBA College. Students who are not able to get through such exams can also go for distance learning MBA program offered by Sikkim Manipal University, Indira Gandhi National Open University, and Symbiosis Centre for Distance Education, Pune. For those who are able to score well can get admission in top-rated MBA colleges such as seven IIMS; XLRI, Jamshedpur; Faculty of Management Studies, Delhi University; Indian School of Business, Hyderabad; Management Development Institute, Gurgaon; SP Jain Institute of Management Studies, Mumbai; Xavier Institute of Management, Bhubaneswar; Narsee Monjee Institute of Management Studies, Mumbai, and Symbiosis Institute of Business Management, Pune. After completing MBA in HR graduates get open to work in the corporate world, industries, schools, colleges, MNCs, and more. They can decide to work on numerous job titles such as HR generalist, staffing director, compensation manager, technical recruiter, placement or employment manager, director of HR training and development, organizational development, change consultant, employee relations manager, and more. Some reputed agencies that recruit individuals with MBA-HR degree are: • Adecco • ABC Consultants • Body Shopping • Hudson Global, Inc. • KForce • Manpower Inc. • Randstad Holding • Wise Group • Tele-resources • Inter-Quest group, Inc. • Davidson Global Technologies • Adecco Group North America It is a well-paying job. Individuals with experience and knowledge in this field can earn in lakhs in an annum. The stipend offered to professionals is subject to geographic location, profitability, prior qualification, experience and organizational level. For more jobs & career information and daily job alerts, subscribe to our channel and support us. You can also install our Mobile app for govt jobs for getting regular notifications on your mobile. Freshersworld.com is the No.1 job portal for freshers jobs in India. Check Out website for more Jobs & Careers. http://www.freshersworld.com?src=Youtube - - ***Disclaimer: This is just a career guidance video for fresher candidates. The name, logo and properties mentioned in the video are proprietary property of the respective companies. The career and job information mentioned are an indicative generalised information. In no way Freshersworld.com, indulges into direct or indirect recruitment process of the respective companies.
Views: 93643 Freshersworld.com Jobs & Careers
Karen Miller of Pond5, Cindy Gordon of PolicyGenius, and Karen D. Weeks of OrderGroove share tips and strategies for feedback and performance management at high growth startups. Hiring sales talent? Try CloserIQ risk free: http://bit.ly/2x7MO0R -- Check out more resources at http://resources.closeriq.com/ -- Follow CloserIQ: https://www.linkedin.com/company/closeriq https://twitter.com/closeriq
Views: 37 CloserIQ
FREE HRM Course: We would like to offer you 100% off our online HRM course. Use the discount code: potentialchannel when you get to the checkout. Human Resource Management is the process of hiring and developing employees so that they become more valuable to the organization. Human Resource departments face different challenges, ranging from a constantly changing workforce to ever-present government regulations, technology changes, and economic conditions.. Here are 5 function areas that should be a part of effective human resource management: 1. Hiring: to ensure that the organization has the right number of employees, with the right skills, in the right jobs at the right time, to achieve organizational objectives. The staffing process involves job analysis, human resource planning, recruitment, and selection. 2. Talent Development: consisting of training and development; career planning; organization development; performance management and appraisal. 3. Compensation: which include rewards that individuals receive as a result of their employment. It consists of direct and indirect financial compensation, as well as nonfinancial compensation. 4. Safety: Protecting employees from injuries caused by work-related accidents as employees who work in safe environments and enjoy good health are more likely to be productive. 5. Labor relations: in countries where businesses are required by law to recognize a labor union and bargain with it in good faith if the firm’s employees want the union to represent them. The role of HR managers has evolved over the years into a very strategic one, since talent is the most important asset of any business. Good HR practices need to be continually reviewed and adjusted to the meet the changing demands of today’s fast paced business environment. Remember, to win in the marketplace you must first win in the workplace! For more practical learning and real-world education check out https://www.potential.com/
Views: 145095 Potential
22-23 марта 2018 года состоялся юбилейный V Всероссийский Форум по мотивации персонала «COMPENSATION & BENEFITS MANAGEMENT FORUM 2018. Лучшие практики мотивации и премирования разных категорий персонала». Сказать, что форум был жарким – значит не сказать ничего! На этом форуме мы обновили рекорд по числу участников, внедрили 8 новых форматов выступлений, анонсировали создание всероссийской хартии и провели награждение победителей первого в России конкурса проектов по мотивации персонала! И не стоит забывать, что качество выступлений тоже не снизилось! Все доклады были практичными, без воды и рассказов о судьбе мира. Особенно участникам форума запомнился C&B Battle «HR vs Бизнес». Впервые представители HR и генеральные директора открыто выразили свои притензии друг другу. Но на этом не остановились! Они показали разницу во взглядах и подходах по одним и тем же вопросам, а также смогли найти пути решения, которые подошли бы обеим сторонам. В результате каждый участник форума теперь знает, как вести диалог с СЕО компании так, чтобы достичь полезного результата. Вообщем, мероприятие получилось очень интерактивным и интересным. Кто не смог посетить его – пропустил очень много. Советуем отложить планы на сентябрь, и принять участие в продолжении! Кстати, еще одна новость. Мы меняем название форума. Мы теперь – C&B Russia 2018!
Views: 156 Аудиториум Си Джи