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The literal meaning of the compensation is to counter balance. In the case of human resource management, compensation is referred to as money and other benefits by an employee for providing services to his employer. Money and benefits received may be in the different forms - base compensation in money form and various benefits, which may be benefits with the employee's service to the employer like provident fund, gratuity, and insurance scheme, and any other payment which this employee receives or benefits he enjoys in Lieu of such payment. According to Cascio, "compensation includes direct cash payments, indirect payments in the form of employee benefits and incentives to motivate the employee to strive for the higher levels of productivity".
evaluate the guest model in relation to the morden organisation
seeking format for a selection process for management positions.
b) What role do you think human resource planning can play in helping organizations avoid employee lay off
Effective HRM depends upon sound reward system
Information Received : You must always read the information you receive. After reading through the information you can decide what needs to be read in depth, what can be scanned a
The Introduction Describe why you chose this particular topic. Why do you think that it is an important issue in management responsibilities and practices? II. The Review
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Q. Strategic roles of Employee campaign? Strategic roles: an organization's success increasingly depends on the knowledge, skills and abilities of its employees, particularly a
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