HRMT-200-REWARDS-SAFETY

Card Set Information

Author:
jtsteven
ID:
148239
Filename:
HRMT-200-REWARDS-SAFETY
Updated:
2012-04-17 19:34:52
Tags:
REWARDS
Folders:

Description:
SAFETY
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  1. Three Strategic Approaches
    • – pay for skills and competencies
    • – pay for performance
    • – flexible pay systems
  2. Short-term Incentives
    - Annual bonus
  3. Long-term Incentives
    Capital Accumulation Plans

    Stock options – right to purchase a stated number of shares of a company’s stock at today’s price at some time in the future
  4. Strategic Importance of Occupational Health and Safety
    • – it affects employee well-being
    • – can be very costly for the employer
    • – occupational health hazards are widespread
  5. Basic Facts about Occupational Health and Safety Legislation
    • – employers are responsible for “due diligence”
    • – employees right to refuse unsafe work
    • – supervisors have personal duty for safety of their workers
  6. Responsibilities and Rights of Employers and Employees
    • – joint responsibility for health and safety
    • – due diligence responsibility (employer)
    • – right to refuse unsafe work (employee)

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