Conditions for Distributing Rewards Conditions for Distributing Rewards A positive office environment is essential to getting the best out of your employees, and rewards for their good work can…
Employee Benefits Employee benefits typically refer to retirement plans, health life insurance, life insurance, disability insurance, vacation, employee stock ownership plans, etc. This benefits in kind (also…
Which Factors are Affecting Compensation System? Factors Affecting Compensation System The Compensation is the monetary and non-monetary rewards given to the employees in return for their work done for the organization.…
Incentives Compensation can Drivers in attracting the best Employees Incentives Compensation can Drivers in attracting the best Employees Incentives are variable rewards granted to employees as per the variations in their performance. To succeed, an organization…
Modern trends in Compensation Modern trends in compensation Compensation means the basic returns that an employee obtains from his/her work. Every organization offers a good compensation to attract and…
Methods of creating Employee’s Compensation Methods of creating employee’s compensation Employee compensation refers to the benefits (cash, vacation, etc.) that an employee receives in exchange for the service they provide…
Determinants of Compensation Determinants of compensation Compensation means the basic returns that an employee obtains from his/her work. Every organization offers a good compensation to attract and retain…
Importance of Compensation Management Compensation means the basic returns that an employee obtains from his/her work. Every organization offers a good compensation to attract and retain the ablest employees…
Types of Compensation Types of Compensation Compensation means the basic returns that an employee obtains from his/her work. Every organization offers a good compensation to attract and retain…
Concept of Compensation Management Concept of Compensation Management Compensation means the basic returns that an employee obtains from his/her work. Every organization offers a good compensation to attract and…
Non-Financial Incentive Non-Financial Incentive Man is a wanting animal. Once money satisfies his/her physiological and security needs, it ceases to be a motivating force. Then, higher order…
Advantages and Disadvantages of Organizational Incentives Advantages and Disadvantages of Organizational Incentives Incentives are variable rewards granted to employees as per the variations in their performance. To succeed, an organization must attract…