Tag Archives | Employee Compensation

Employee Compensation

Compensation is an important activity of Human Resource Management (HRM). It plays a significant role for the employee as well as the employer. For the employee, compensation is the main source of livelihood and determines his/her standard of living, status in the society, motivation, loyalty, and productivity. For the employer, compensation is an instrument of procuring (attracting), maintaining, developing, promoting, [...]

By D Keerthi|2020-05-19T07:23:10+05:30May 19, 2020|Employee Compensation|Comments Off

Factors Affecting Employee Compensation

Everything you need to know about the factors affecting employee compensation. Compensation is a very important issue in Human Resource Management (HRM) and affects the relations between management and workers. Compensation is also one of the biggest reasons of dispute between employers and employees. Employees provide their services to the business; they devote their time, energy, skills, knowledge to the [...]

By Sushmita D|2019-07-25T06:00:15+05:30July 25, 2019|Human Resource Management|Comments Off