HUMAN RESOURCE MANAGEMENT
HR Coordinator
16,000
Controller
23,000
These are nonfinancial payments like health and life insurance, pensions, time off with pay, and childcare facilities.
BENEFITS
Three types of Compensation
Non-monetary, Indirect, Direct
Recruiter
23,000
Auditor
18,000
This provides pay to an employee when he or she is temporarily out of work because of illness?
SICK LEAVE
Explain Compensation Management in your own words
GREAT!
HR Assistant
17,000
Chief Financial Officer
29,000
How is the Social Security program funded?
TAX ON EMPLOYEE WAGES
Two types of Employee Benefits
1. Paid leave, sick leaves, and vacation days
2. Life insurance
3. Health insurance
4. Dental insurance
HR Manager
29,000
Accounting Clerk
9,000
Who contributes funds for workers' compensation benefits?
EMPLOYERS
For you, what is the importance of Compensation Management?
GREAT!
HR Director
32,000
Financial Analyst
25,000
This provides a fixed sum when employees reach predetermined retirement age or can no longer work due to disability?
PENSION PLAN
What is the purpose of a Life Insurance Benefit?
To protect the employee’s family if he dies.