Human Resource Management

HUMAN RESOURCE MANAGEMENT- MODULE 6

OBJECTIVES After you have successfully completed this module, you
should be able to:
 explain the importance of having a just compensation
and benefit package to employees;
 discuss the goals of compensation administration;
 differentiate wage from salary;
 identify and discuss the benefits employees must receive
as mandated by law; and
 practice the value of justice and equity in Compensation
Administration.
CONTENT  Understanding Employee Compensation
 Objectives of Compensation
 Main Components of Compensation
 Determining Pay Rates
 Company Benefits and mandated benefits
COURSE  Cascio, W. (2019). Managing Human Resources 11 th
MATERIAL Edition. New York, NY: McGraw-Hill Education.
 DeCenzo, D., Robbins, S., and Verhulst, S. (2013).
Human Resource Management 11th Edition. Singapore:
John Wiley & Sons Inc.
 Corpuz, Crispina F. (2006). Human Resource
Management (Revised Edition). Manila, Philippines: Rex
Bookstore Inc.
 Maximiano, Jose Mario B. (2006). Managing Human
Resources in the 21st Century. Manila, Philippines: Rex
Book Store.
TIME FRAME 3 hours
LESSON PROPER
ENGAGE Reflect on the following questions.
1. Do you think wage/salary motivates workers to work

better? Why do you say so?
2. Will you work in a business firm with a small salary?
Why or why not?
Read the hand-outs and/or links provided.
STUDY Discussion Questions:

1. Why do you think compensation administration is
important in an organization?
2. What are the characteristics of a good compensation
program?
3. What are the components of compensation and how
do we determine the pay to be given to the
employees?
4. How does a good compensation program affect the
performance of employees?
ACTIVATE Discuss the significance of Compensation program in an
organization and explain its impact to employee
performance.
List down the different factors in determining the pay of

employees and discuss how they differ from each other.
Enumerate the mandated benefits employees must receive.
1
Discuss each.
EVALUATION Recitation, Assignment, Quiz
CONSULTATION 8:00-11:30 am every Friday
HOURS AND FB & Messenger Account: RustomPadios Learning-Account
MENTOR’S E-mail Account: sirpadioseducation@gmail.com
LINKS
Prepared by:
RUSTOM M. PADIOS
BACC5 (HRM) Teacher
Performance Task Sheet for Module 6
2
Name: ______________________________________ Course and Year: ______
1. Why do you think Compensation Administration is an important function of

Human Resource Management? Do you think it affects employee performance?
Explain.
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
____________________________________________________________________________
2. Among the eight (8) characteristics of compensation, what do you think are the
four (4) most important characteristics and why?
Characteristics of Reason/s why do you consider it an important

Compensation characteristic
(Compensation
should be?)
1.
2.
3.
4.
3
3. Choose two (2) factors in determining the pay of employees and discuss why do
you consider these 2 as the best factor in pay determination.
Basic Determinants Reason/s why you consider these as the best

of Pay factor to use
1.
2.
4. If you were the Owner/Manager of a company, what company voluntary benefits

will you provide to your employees? Why will you give this benefit?
______________________________________________________________
______________________________________________________________
______________________________________________________________
______________________________________________________________
______________________________________________________________
______________________________________________________________
______________________________________________________________
______________________________________________________________
______________________________________________________________
5. If you were the business owner or manager, how will you practice justice and
honesty in compensation?
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
______________________________________________________________________
IMPORTANT NOTE:
Make sure to answer and submit the following:
(Hard Copies or Online submission is allowed, use an extra paper if needed)
1. Answers in ENGAGE Questions.
2. Answers in Performance Task Sheet for Module 2
(Please keep the handouts for your personal copy)
Prepared by:
RUSTOM M. PADIOS
BACC5 (HRM) Teacher

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HUMAN RESOURCE MANAGEMENT- MODULE 6

HUMAN RESOURCE MANAGEMENT- MODULE 6

1. Do you think wage/salary motivates workers to work

Read the hand-outs and/or links provided.

STUDY Discussion Questions:

List down the different factors in determining the pay of

Enumerate the mandated benefits employees must receive.

Performance Task Sheet for Module 6

Name: ________________________________ Course and Year:

1. Why do you think Compensation Administration is an important function of

Characteristics of Reason/s why do you consider it an important

Basic Determinants Reason/s why you consider these as the best

4. If you were the Owner/Manager of a company, what company voluntary benefits

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