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HRMT-200-REWARDS-SAFETY
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Three Strategic Approaches
– pay for skills and competencies
– pay for performance
– flexible pay systems
Short-term Incentives
- Annual bonus
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
Strategic Importance of Occupational Health and Safety
– it affects employee well-being
– can be very costly for the employer
– occupational health hazards are widespread
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
Responsibilities and Rights of Employers and Employees
– joint responsibility for health and safety
– due diligence responsibility (employer)
– right to refuse unsafe work (employee)
Author
jtsteven
ID
148239
Card Set
HRMT-200-REWARDS-SAFETY
Description
SAFETY
Updated
2012-04-17T23:34:52Z
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