Compensation - Basis for pay
6 important questions on Compensation - Basis for pay
In which four types can we distinguish bases for pay?
2. Knowledge / experience based
3. Seniority based (scales determined by CBA)
4. Status and reputation
What are the five contract types?
- Temporary contract; tijdelijk contract
- Absence of a contract; de medewerker ontvangt direct na uitvoering beloning. (zwart werken)
- Fulltime contract; 1.0 full FTE
- Parttime contract; <1.0 full FTE
Most common: fulltime permanent contract.
What is the downside of a temporary contract?
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What are the three trends regarding contracts after the economic crisis?
2. More contract working.
3. Increased popularity of payrolling.
These trends have the purpose to give organizations more flexibility and less financial risks.
What are the three key concepts of the expectancy theory?
2. Instrumentality --> the perceived link between employee behaviour and pay.
3. Valence --> the positive and negative value people place on outcomes.
What is the Jan tinberg norm?
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