Base pay purpose, structures and options

Pages: 162 - 179
Published: Oct 1, 2015
Abstract
Any discussion of remuneration practice must consider what, for most employees, is the primary component of their total remuneration, namely base pay. This chapter begins with a discussion of the general nature and logic of base pay, before considering two broad alternative approaches to configuring base pay – pay for the position (or ‘job-based’ base pay), and pay for personal skills and personal competencies (or ‘person-based’ base pay). It...
Paper Details
Title
Base pay purpose, structures and options
Published Date
Oct 1, 2015
Journal
Pages
162 - 179
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