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

Initiating corrective action, Initiating corrective action if any: the last...

Initiating corrective action if any: the last step in the process is to initiate corrective action is of two types: 1. The one which puts out the fire immediately: employee can

Name the two dimension of knowledge retrieval, Name the two dimension of Kn...

Name the two dimension of Knowledge Retrieval The Gartner group presents the KR function along two dimensions: a) A semantic and b) A collaboration dimension. In the f

Leadership, Leading groups and teams Although leadership is discussed i...

Leading groups and teams Although leadership is discussed in detail in a following unit, we will briefly touch upon issues here that are specific to teams: leadership functions

Sound reward system, "Effective HRM depends upon sound reward system"

"Effective HRM depends upon sound reward system"

Define feedback process in communication, Define Feedback Process in Commun...

Define Feedback Process in Communication? Lets the sender understand how the message is received helps the receiver confirm whether their perception of the message

HRIS, What approaches to justifying the investment might Silvia consider

What approaches to justifying the investment might Silvia consider

SOUND REWARD SYSTEM, EFFECTIVE HRM DEPENDS UPON SOUND REWARD SYSTEM "COMMEN...

EFFECTIVE HRM DEPENDS UPON SOUND REWARD SYSTEM "COMMENT..?

Explain downward, Explain Downward, Upward and Horizontal Flow of Communica...

Explain Downward, Upward and Horizontal Flow of Communication? i) Downward flow - flows from executives to employees, sharing executive decisions and providing information that

Developing a strategic approach to human resources, As China continues to m...

As China continues to modernise and allow more scope for capitalist forms of market exchange, a growing number of modern-style supermarket chains are emerging to cater for the more

The contexts in which respurces are managed in todays, discuss that technol...

discuss that technological break through has brought radical changes in HRM?

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