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

How you would identify the training needs of staff, Question : OSHU is ...

Question : OSHU is a consulting firm providing professional advice and support services in the field of Occupational Safety and Health to client organizations, both in the publ

Advantage and disadvantage of hard and soft hrm , Advantage and disadvantag...

Advantage and disadvantage of hard and soft hrm Businesses should use HRM hard or soft?  The answer depends on many factors, because each method has advantages and disadvantag

What is the purpose of human resource planning, Question 1: Human resou...

Question 1: Human resource planning is at the center of the business today. It has become a means to achieve corporate objectives and to efficiently implement the strategies in

Country level of training needs, Q. Country level of training needs? Co...

Q. Country level of training needs? Country level: in similar vein we are often interested in common nationwide characteristics and needs of the management population in planni

Conducting performance review meetings, Question: "I hate my job at the...

Question: "I hate my job at the moment. The work is boring, as well as stressful, and they keep changing the brief for the new products they want me to develop. I also have to

Explain hr planning and human impacts , Mergers and acquisitions play a cri...

Mergers and acquisitions play a critical part in a corporation's survival, growth, and profit strategies.  Many great companies were built on a track record of mergers and acquisit

Explain recent trends in selection, Q. Explain Recent trends in selection ?...

Q. Explain Recent trends in selection ? Recent trends in selection: new trends have been emerging in the selection techniques along with other areas of human resource managemen

What is cost value relationship, Q. What is Cost value relationship ? C...

Q. What is Cost value relationship ? Cost value relationship: cost factor in the training should be taken into consideration in evaluating the training effectiveness. Cost of t

Explain the structure of business letters, Explain the Structure of Busines...

Explain the Structure of Business Letters? Usually to convey information from one organization to another. All business letters include standard elements. The layou

What do you mean by job design and redesign, Q. What do you mean by Job des...

Q. What do you mean by Job design and redesign? Job design and redesign: once the jobs are understood properly, it is easy to locate weak spots and undertake remedial steps. We

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