Ch6 - 71-342: Compensation Management Chapter 6 Formulating...

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71-342: Compensation Management 1 Chapter 6 Formulating the Reward and Compensation Strategy
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71-342: Compensation Management Constraints on Compensation Legislated constraints Labour market constraints Product/service market constraints Financial constraints 2
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71-342: Compensation Management Legislated Constraints Federal legislations Apply to federal employees and employees in specified industries such as transportation, defence, etc. Provincial legislations Applies to employees not covered by federal legislation Vary by province 3
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71-342: Compensation Management Types of Provincial legislations Four main types Employment standards act Human rights act Trade union legislation Tax legislation 4
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71-342: Compensation Management Employment Standards Act Provides minimum standards of working in an organization. Topics include: hours of work, minimum wage, overtime, vacation, etc.
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This note was uploaded on 11/28/2011 for the course FINANCE 101 taught by Professor Chan during the Spring '11 term at Aarhus Universitet.

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Ch6 - 71-342: Compensation Management Chapter 6 Formulating...

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