Optimizing cost of the compensation, HR Management

Assignment Help:

Optimizing cost of the compensation: compensation management is aims at optimizing cost of the compensation by establishing some kind of linkage with performance and compensation. It is not necessary that higher level of wages and salaries will bring higher performance automatically but depend on the type of the linkage that is established between performance and the wages and salaries. Compensation management tries to attempt at this.


Related Discussions:- Optimizing cost of the compensation

HR Management, why do people who have specialise in thesame occupation and ...

why do people who have specialise in thesame occupation and thesame master perform differently at work?

Answer, “Effective Human Resources Management depends upon sound reward sys...

“Effective Human Resources Management depends upon sound reward system”. Comment

What do you mean by policy maker, Q. What do you mean by Policy maker? ...

Q. What do you mean by Policy maker? Policy maker: the human resource manager helps management in the formation of policies governing talent acquisition and retention, wage a

Demerits of internal sources of recruitment, Q. Demerits of internal source...

Q. Demerits of internal sources of recruitment? Restricted choice: internal recruitment restricts the options and freedom for the enterprising in choosing the most suitable can

Records -special files, RECORDS : Records means "any written matter or doc...

RECORDS : Records means "any written matter or document prepared for possible future uses". It may be in the form of a letter, notice, circular, invoice, voucher, picture, chart,

Human resource planning and staffing, Human Resource Planning is an importa...

Human Resource Planning is an important component of Staffing. It enables organisations to ensure that they have the human resources (employees) required for current and future req

Coding, Coding: The purpose of coding is to assist with the analysis o...

Coding: The purpose of coding is to assist with the analysis of responses to a survey, by enabling the researcher to organise and quantify the data obtained. With a large surv

Grievance handling, Do a literature review of 1500 words on grievance handl...

Do a literature review of 1500 words on grievance handling (harvard referencing)

What do you understand by the concept of job analysis, Question 1: (a) ...

Question 1: (a) Define the term "Human Resource Planning" (b) What are its main features? (c) Explain its importance to an organization. Question 2: (a) What do you und

Goal specification, Goal specification refers to 'the identification and pr...

Goal specification refers to 'the identification and prioritization of goals and subgoals for mission accomplishment' (Marks et al. 2001, p. 365). In other words, what will be acco

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd