Assignment -
1. Explain fully what the term Total Rewards means.
2. Explain the main points of Equity Theory as applied to Compensation. (Minimum 3-4 sentences)
3. Explain the concept of Pay for Performance (minimum of 3-4 sentences)
4. Explain the main components of a cafeteria benefits plan. (Minimum of 3-4 sentences)
5. Explain what is meant by a defined benefits pension plan? (Minimum of 3-4 sentences)
6. Give two examples of how companies are attempting to reduce the rise of health care costs in their company-sponsored health plans. Be specific.
Textbook - Human Resource Management, Fifteenth Edition by Robert L. Mathis, John H. Jackson, Sean R. Valentine and Patricia Meglich
Chapter 11 - Total Rewards and Compensation.
Chapter 13 - Managing Employee Benefits.