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Topic: Compensation management 

Business Education

 Standard 41.  Understands human resource management issues and how they affect the success of the organization
  Level IV (Grade 9-12)
   Benchmark 6.Knows policies and procedures used to manage compensation (e.g., company performance, benchmarking, profit sharing)
    Knowledge/skill statements
     1.Knows policies used to manage compensation
     2.Knows procedures used to manage compensation
     3.Knows company performance is used to manage compensation
     4.Knows benchmarking is used to manage compensation
     5.Knows profit sharing is used to manage compensation