Compensation
Compensation is a systematic approach to providing monetary
value to employees in exchange for work performed. Compensation
may achieve several purposes assisting in recruitment, job
performance, and job satisfaction.
compensation
Compensation is a tool used by management for a variety of
purposes to further the existance of the company. Compensation
may be adjusted according the the business needs, goals, and
available resources.
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Sri Basaweshwara College, Tumakuru
Base Pay
Commissions
Overtime Pay
Bonuses, Profit Sharing, Merit Pay
Stock Options
Travel/Meal/Housing Allowance
Benefits including: dental, insurance, medical, vacation,
leaves, retirement, taxes...
Compensation Plans
Develop a program outline.
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Sri Basaweshwara College, Tumakuru
Evaluate jobs.
Determine grades.
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Sri Basaweshwara College, Tumakuru
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Sri Basaweshwara College, Tumakuru