Describe, compare, and contrast the two dimensions of extrinsic compensation (monetary and non-monetary rewards), and describe other factors that influence rates of pay for similar work in different.
Discussion Topic
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In this module, we have been studying how a compensation strategy can be designed to support organizational goals by providing intrinsic and extrinsic rewards for job performance. Describe, compare, and contrast the two dimensions of extrinsic compensation (monetary and non-monetary rewards), and describe other factors that influence rates of pay for similar work in different.
Course Material
MyLab for Strategic Compensation (Custom) ISBN: 9780134630793
Your custom textbook was created from the following National text(s): Strategic Compensation: Martocchio, J. J. (2020). Strategic compensation: a human resource management approach (10th ed.). Hoboken, NJ: Pearson Education, Inc. ISBN: 9780135192146
Suggested Reading: (Not mandatory) Fahey, L., & Narayanan, V. K. (1986). Macroenvironmental analysis for strategic management. St. Paul, MN: West Publishing Company. ISBN-13: 9780314852335; ISBN-10: 0314852336
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