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But Its Not Fair
The Central Notion of Equity
Compensation Is an Important Issue
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adjustments administration base pay basis behavior benefits bonuses cash flow Chapter compa ratio comparable worth compensable factors compensation analyst compensation design compensation plan compensation practice compensation program compensation system competition costs decisions defined developed differentials earnings employee's employment equity theory ERISA example external market federal firms gainsharing goals hourly human resource incentive income increase individual equity industry internal equity issues job analysis job evaluation job evaluation system job worth key jobs labor market Lawler levels Mahoney major managers marginal revenue maturity curves merit merit pay midpoint Nonmanufactunng organization organizational organizational culture Organizational Development outcomes paid pay grade pay plan pay system payments pension percent performance appraisal Personnel piecerate pricing problem process equity range responsibility reward salary structure salary survey skill-based pay specific strategy survey data union wage and salary wage structure wage surveys workers