Study Guide

Chapter 11 - total rewards and Compensation
  • Compensation fairness and equity. Pg 366-368
  • Competency based pay. Pg 369
  • Knowledge based pay vs skill based pay pg.369   
  • Fair labor standards act pg 372-375
  • Individual pay pg 384-386
Chapter 12 - incentive plans and Executive Compensation
  • Three categories of variable pay pg. 401-402
  • Piece-rate systems pg. 402
  • Bonuses (including spot bonus) pg. 402-403
  • Group/Team incentives pg. 406-408

Chapter 13 - Managing Employee Benefits
  • Government mandated benefits pg. 435-436
  • Security benefits pg. 437-438
  • Pension plan concepts pg. 446-447
  • Vesting (pensions plan concepts) pg. 448
  • FMLA pg. 453-454