Identify some of the possible pitfalls of implementing, communicating, and measuring a total rewards approach to compensation management


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Identify some of the possible pitfalls of implementing, communicating, and measuring a total rewards approach to compensation management


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Possible Pitfalls, Global Rewards, Evaluation, and Metrics

Objectives:

After completing this week, you should be able to:

1.  Identify some of the possible pitfalls of implementing, communicating, and measuring a total rewards approach to compensation management.

2.  Describe some of the cultural, legal, and country-specific practices important in designing total rewards for global companies.

3.  Explain how evaluation and metrics are designed for successful alignment with organizational strategies and goals.

Read:

1. Module 5 Possible Pitfalls, Global Rewards, Evaluation, and Metrics (found below)

2. HRmetrics (2006). Staffing Metrics – Recruiting Cost Ratio (RCR). Retrieved from:

http://www.humanresourcemetrics.org/recruiting_cost_ratio.html