Management

Modern trends in Compensation

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 retain the ablest employees on the actual work floor. Compensation in present days to be studied is a need for achieving comp.....

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Methods of creating Employee’s Compensation

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 to their employer. Employee compensation is generally one of the largest costs or expenses for any organization......

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Determinants of Compensation

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 the ablest employees on the actual work floor. It is because if the company does not offer an attractive package of com.....

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Importance of Compensation Management

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 on the actual work floor. It is because if the company does not offer an attractive package of compensation, compared to other .....

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Types of Compensation

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 the ablest employees on the actual work floor. It is because if the company does not offer an attractive package of compensati.....

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Concept of Compensation Management

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 retain the ablest employees on the actual work floor. It is because if the company does not offer an attractive package .....

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Non-Financial Incentive

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 needs for status and recognition and ego in the society emerge. Incentives are variable rewards granted to employees as per the va.....

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Advantages and Disadvantages of Organizational Incentives

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 and retain productive employees. Therefore, a business establishes competitive incentive plans to ac.....

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Advantages and Disadvantages of Group Incentives

Advantages and Disadvantages of Group Incentives

Incentives are variable rewards granted to employees as per the variations in their performance. To succeed, an organization must attract and retain productive employees. Therefore, a business establishes competitive incentive plans to accomplish these objectives. Incentives are provided beside .....

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Advantages and Disadvantages of Individual Incentives

Advantages and Disadvantages of Individual Incentives

Advantages and Disadvantages of Individual Incentives Incentives are variable rewards granted to employees as per the variations in their performance. To succeed, an organization must attract and retain productive employees. Individual incentives refer to incentives given to individual employees .....

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Forms of Incentives

Forms of Incentives

Forms of Incentives Incentives are variable rewards granted to employees as per the variations in their performance. To succeed, an organization must attract and retain productive employees. Therefore, a business establishes competitive incentive plans to accomplish these objectives. Incentives a.....

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Disciplinary Actions in HRM

Disciplinary Actions in HRM

Disciplinary Actions in HRM Acceptable attitude and behavior of employees are known as employee discipline. Employee discipline has an important role in the attainment of the organizational goal. So, if there arises any disciplinary problem, action has to be taken promptly. Disciplinary action mu.....

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