The existence of trend that suggests that compensation

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CONCLUSIONS

There is a relationship between work motivation and compensation, it is possible to recognize the existence of a trend that suggests that compensation, when both concepts have a properly designed manage, these can influence the motivation of employees to show better performance.

When the organization is implementing some compensation plan, it is necessary to consider a number of factors specific to each organization to ensure and achieve its objectives which attract, retain and motivate employees. These factors relate to organizational structure, culture, and values of the organization, communication, management style.

The compensation is directly related to all human resources processes, for which strategic coordination is essential. In particular, performance evaluation systems. When implementing a compensation system, it is necessary to understand the culture of the country where the organization is working, this will cause a differential impact on the perceptions and priorities of employees, depending on the cultural aspects valued as rewards.

Nowadays, the organization must be flexible with respect to the changes in the experience. The dynamic compensation is used, and the compensation plans must be constantly updated and aligned with the values, policies and specific characteristics of each organization. Do not forget that the compensation systems, as well as the different human resource strategies, are business communication tools that guide employees to think about the priorities of the organization clarity and consistency are a contribution to the work environment and the establishment of equitable cultures and perceived as fair by employees.

Reference no: EM132183092

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