Chapter 7 -- Defining competitiveness - College of Business ...
Chapter 7 -- Defining competitiveness - College of Business ...
Chapter 7 -- Defining competitiveness - College of Business ...
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7 - 7<br />
Pay level refers to the average <strong>of</strong> the array <strong>of</strong><br />
rates paid by an employer.<br />
Σ Base + Bonuses + Benefits + Options / Σ Employees<br />
Pay forms Pay forms refer to the mix <strong>of</strong> the various types <strong>of</strong><br />
payments that make up total compensation.<br />
McGraw-Hill/Irwin<br />
© 2002 by The McGraw-Hill Companies, Inc. All rights reserved.
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