Summary
Contents
Subject index
Key Concepts in Human Resources Management is an essential guide to the theories and issues that define the field - from the critical debates to the more practical considerations that every student should be aware of.52 short entries will serve to orientate the student round the need-to-know essentials. Entries will include Employment Tribunals, Benefits, Corporate Social Responsibility, Discipline and Grievance, Control, Employee relations, Incentive schemes, Motivation, Organizational culture, Strategic HRM, Victimisation.A range of relevant HR applications will be given for each term.A selection of recommended readings are suggested for each entry.
Benefits
Benefits
Employee benefits are the rewards that an employee gains over and above their basic wage or salary. Benefits can broadly be categorised as either transactional if they are formally part of the reward system and have a monetary value, or relational if they are not formally quantified but reflect a positive advantage gained by an employee as a result of working for an organisation.
Benefits are offered by employers for two reasons. Firstly for commercial reasons based on the need to design cost effective reward systems that are capable of attracting, retaining and engaging employees. Secondly based on the moral imperative to ‘look after’ employees. The basis for benefit provision has changed over the years between these two reasons depending on the prevailing social, labour market, ...
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