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Lesson 9: Pay Structures
Lesson Overview
To this point in the course we have focused on the important functions related to human resource management that recruit, select, train and manage employee performance. HR is also tasked with making strategic decisions with respect to how to pay those employees. This lesson will address a variety of influences that determine how pay is structured in organizations.
Lesson Objectives
Upon successful completion of this lesson, you should be able to
- identify the manner in which federal and state law affects wages;
- describe how organizations create pay structures;
- explain the various roles pay structures play in dealing with organizational stakeholders, especially employees; and
- describe and explain how employees judge the fairness of their pay checks.
Lesson Readings & Activities
By the end of this lesson, make sure you have completed the readings and activities found in the Lesson 9 Course Schedule.