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What Do I Need to Know?
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What Do I Need to Know? After reading this chapter, you should be able to:
1.
Identify the kinds of decisions involved in establishing a pay structure.
2.
Summarize legal requirements for pay policies.
3.
Discuss how economic forces influence decisions about pay.
4.
Describe how employees evaluate the fairness of a pay structure.
5.
Explain how organizations design pay structures related to jobs.
6.
Describe alternatives to job-based pay.
7.
Summarize how to ensure that pay is actually in line with the job structure.
8.
Discuss issues related to paying employees serving in the military and paying executives.







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