Assignment -1 explain fully what the term total rewards, Ask an Expert

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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.

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