COMPENSATION AND BENEFITS - HRM Lecture 05
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- Опубліковано 30 вер 2013
- What is equity? Which components make up total reward and based on which factors are these components determined? How does fixed and variable pay work in practice? What are benefits and why are they there? Under which conditions does money impact motivation for performance?
Oh my! I feel like I'm enrolled in this class. This is a wealth of information. I recently got a job in HR with limited HR experience. These videos have more than empowered me to undertake my duties. Thank you so much. I am very grateful. I could listen to this professor all day.
T
I Agree!
I AM BENEFITING SO MUCH FROM THIS CLASS. I WOULD LISTEN OVER AND OVER AGAIN TO BE ON TOP OF MY GAME. THANKS A LOT.
I want to take his class. I’d travel the distance just to attend his classes or seminar if there’s still any til this day.
Listening this from Canada , and trust me sir you are best. I am planning for HR EXAMS and your videos are big help . Thank you!
Hi Armin
Thank you so much for sharing these lectures - it's very generous of you and so very beneficial. I have may years experience as a senior HR professional but I'm still getting lots from your lecture. Considering you spent over 2 hours on the subject of comps and bens I can understand why you haven't gone into too much detail on the specific job roles you were evaluating. I think the salient points were made - students now have the base knowledge with which to do further research if required.
Prof. Armin Trost is by far one of the most excellent HR lecturers Ive ever listened to. These lecturers are gold, I have never listened to a class so attentively on UA-cam. I am watching these lecturers like my life depends on it xd. Really amazing and thank you sir for the excellent way of teaching.
Now this is my favorite channel!
Thank you, Mr. Trost. they are very helpful lectures. I am working now in HR department while my background is management information system.So, I found this lessons very helpful to improve my knowledge about HR to conduct my routine tasks more professional. especially, when I've learned about tools and techniques to manage the HR.
Hi Professor Trost, you are really great. Even though I've been working as a C&B director for almost 10 years, your lectures still bring insights and higher level thinking to me. It's a pity that I can't order your books from China.
Thank you professor. These courses are really valuable for me. As a three year experience HR，these videos echo with what I have done in daily work and help me build my knowledge in a systematic way.
Thank you,Prof. Armin Trost for your insightful lecture on compensation and benefits -HRM.I got a wide range of info on the topic.
One will never get bored with Prof. lectures. I really appreciate your videos on HRM issues. Good job👏
Equity mean according to the theory of equity the effort which is contribute by some one and received as some one perceived based on his/her contribution. but the effort and perceive benefit should balanced unless if there is inequality it will dis satisficed and resulting less commitment and reducing organizational citizenship behavior even employee will resign their job. based on this theory Equal pay for equal work promulgated in HR policy of most public or private organization.
pay will be determine based on the complexity and significance of work, performance, similar organization payment standard, success or profitability, and any how you asking very essential question regarding compensation.
Lectures in this class are of relevance. Keep doing the good job l really enjoyed, and it's helpful...
Amazing! Prof is amazing. His skill keeps you engaged, I felt like was in the class. Thank you
I appreciate your lectures! It makes studying much much easier.
I am finding these lectures very useful just before my exams next week on HRM. Thankyou
I think it would be great if your school would consider distance learning programs. Because these videos are really good for that.
It's perfectly clear and structured, like it :)
Another excellent lecture. I really am finding these so beneficial and I sincerely thank you for taking the time to record, edit and upload these. Your knowledge of HR is second to none. I just wish I could get past how much of a lookalike you are for English footballer John Terry lol
Sir i have really got deep insights about the topics and have become your fan now. Thank you so much for all these impactful sessions on HRM or in your words Human Capital Management.
Love these lectures, very useful to my studies. Does anyone else think Prof Trost looks like a young Frank Sinatra? Probably just me.
Not only you☺️ You are correct about the Sinatra look 👌
Thank you Mr. Trost. This Lecture is very helpful for me.
Just loved it.. Such an interactive session :)
Thank you so much for providing tools to make us better. The rest is up to us. Kind Regards Paul
This professor is good ! I m watching this video on 2021 but most of the guideline and framework still valid
Thanks Professor. I really appreciate your videos on HRM issues. IrepLiberia🇱🇷
One more subscriber!
Thanks for the lesson, professor!
Thanks, Professor. I wish i had come across your videos years ago
Thank you very much for this tutorial. Very rich in informations and benefit for my compréhension.
sir, i liked your lectures.its simple, easy and the most i loved is there is no language barrier for me. thanks a lot.......
Amazing.. Very good teacher. simply love him
Dear Prof Trost,
Thank you professor for a wonderful session its quite informative and with practical and scenarios full of theory and practical application.
I have gone through your many lectures on your channel they are very very useful and quite power packed with the theory and practice.
Excellent content! Thank you for sharing this beneficial lecture. 🥰
Hi Armin, thank your for this great video!
Very good presentation. Thank you, professor, all best.
Much appreciated and thank you Prof
V. Good information!
First time watching your videos and by far is the best one I’ve had ever watched. Greetings from Puerto Rico!
Dr Armin very interesting and good lecture. the pace the lecture can more information and slides with details of theory. I found your lectures to be power packed and can be still better include more power point slides and content.
I am preparing for the SHRM SCP and done by HR programme and your lectures helped a lot.
Thanks a ton keep uploading more lectures on culture and diversity etc other topics like global and international HRM etc.
Thank you for this video. I have learned a lot. God bless Prof.
THANKS SIR FOR GIVING US NICE CONCEPTUAL AND APPLIED KNOWLEDGE. GOD BLESS YOU
Very good and practical lecture. Thank you so very much !
Bigining i thought that he is not fit to be HR, But now i think he is great Prof, thanks for these lessones, i took PHR for USA but these more interesting ....
Great question the risk factor should have been considered and that does not fall under problem solving Prof. However I am enjoying the lecture
Wonderful lectures very explicit and straight to the point
Great lesson. Thanks for it. Though I must say, I found the first part much more interesting than the second one.
Love it and please I need a lecture about Manpower planning :) Regards
That was very helpful, thanks.
Thank u Sir. Valuable information!
Love it indeed!
I appreciate you lecture.thank you so much prof.
Thank you so much sir. Your lectures are very helpful. Also very interesting.
So beneficial,thank you sooooo much .
you are a great teacher Armin
Very useful lectures, thank for your great job!!!!!!
awesome thanks for sharing!
This is totally help me as im in this area now.. thank you
Is good information in HR...
Great lecture. Thanks!
thanks you so much sir your doing wonderful love from Afghanistan
👍👍
I found this lecture very helpful and useful
Excellent information
Good lecture...
Doctoral. Pretty steady..
I didn't get bored. Nice
nice dressing Sir!!
Dear sir I just wanted this that your lecturers are erratic and disorganized according to each lecture please if you set this up that will be your honor
Please explain again why high risk jobs are rated in the Problem solving skills according to the Hay system?
Please do much more videos on HRM
Thanks for the wonderful presentation. If you analyze your career (past and future), you could be an actor, too. But what is a teacher than an actor on a stage, willing to convince the audience? Congratulations. My question is: shouldn`t you compare two jobs of a particular organization. Is this relevant (and valid, lol) to compare a policeman and a dentist?
dear professor
thanks a lot
it seriously helping us to learn more about HRM components.
want to get connected from extra pages too.
may I ??
You >>> my professor
Great teacher
Hi teacher, I'm expecting a video talking about the way bubget salary management, can you talk about this case? tks
Thank you so much sir!!!
Mr trost could you put the subtitles on the video of the lecture 5 (compensation and Benefit)????
Ok um, first I want to give respect to you Prof. for these videos. I am a recent maters graduate in I-O psy and looking for work. I have to be honest and say I always hated my ethics classes for I feel they are a joke. Most of the world is corrupt and certain powers at hand like it to stay that way but when you go to college they teach the opposite which is confusing. For example I live in USA and our CEO/President is Donald Trump. He spends most his time playing golf and starting tweet wars but he is a billionaire. People in high position get paid the most but do the least. My question is how would you tell upper manage to take a pay cut because they under perform?
Thank you
This is what i needed now. Just want to know, Do you have free seminars relative to this topic or any HRM topics that issue certifcates to the participants?
you have so much knowledge may I know how may girlfriends do you have
You are god!
Hello Sir, I really love the way you explained the concept of C&B. With due permission, I would like to use your concepts to make a presentation for my HR group. Also, I would be happy to share it with you.
Go ahead!
@@armintrost7406 Thank you.
Sir i think you should write books regarding human resource management...
hope you have subtitles
Hi professor Trost
plz i need ideas to improve or add new thing to H R M Dept
Hello Prof, how do we get your slides. I enjoy your lectures.
What is internal equity and external equity as per you and what are the uses in total rewards?
This lecture has helped me a lot...do you have this course in detail on some platform like Coursera or something? I need to learn HR concepts especially Comp and Ben....thanks a lot!!
Nirupama Sharma i am looking for the same. Could you find it from anywhere?
Being greatfull to Dr bastin is the best thing that has ever happened to me and I pray and I hope you find what your heart desires just as you have put a smile on many of our face with just your hands and herbal’s
More grace to you work doctor thanks so much for the medication,it did fight the virus and nailed it
👍🏽👍🏽👍🏽👍🏽
Please we need book with your presentation))))
You'll find my slides here: armintrost.de/en/lehrer/my-slides-for-download/
handsome and smart at the same time.
I once this compensation joke about a manager, at my brother's wedding reception. A banquet manager angrily reprimands one of her caterers, for signing up for a shift by himself (and she was pretty critical and condescending). The caterer says, "You know, I'm beginning to see why you manage so many wedding receptions. Personal compensation, huh?" I don't get it. I don't _think_ it's the business/monetary definition of "compensation." That's all I can get out of the joke. So what did _he_ mean?
Every job in the world deserves equal pay, only incompetent people expect more because they are not good enough for the job and put an extra effort to do the job , the only motivation should be recognition.
Dude he isn’t an Indian
terranowa so the lazy guy and the hardworking guy gets the same pay?
@@thugmallu291 if you think you are working too hard maybe you don't like your work , only lazy people think it's hard work, successful people enjoy their work ,if a person is not doing his work the employer will fire them.
@@thugmallu291 he is not an African .
Hi noble morning professor... Kindly guide me to be master of hrm from the fundamental knowledge to expert level....
Which course do we have to take to learn this?
ممتاز
Who are the entrepreneurs he talks about at 1:51:13 ?
Interesting, but you skirted around the issue of the comparison of jobs on your Hay analysis. I think that you under estimated the policeman. Beyond this, you haven't dealt adequately with the pay that people receive and the work that they do in cases like a policeman or teacher versus an athlete or entertainer.