Compensation Policy as means of Attracting and Retaining
Compensation Policy as means of Attracting and Retaining Abstract As a key motivator of human performance, employee pay has been the cause of many disputes. Despite different perspectives on the relevance of extrinsic incentives, there is little debate on the importance of an organization's pay and benefits philosophy as a major component of its strategic approach to recruiting and keeping the people who generate organisational value. Compensation and benefit systems are generally regarded as critical Human Resource Management (HRM) building blocks and are usually evaluated in terms of their capacity to fairly and equitably compensate workers for their contributions to an organization's performance. For More Details About Compensation Policy as means of Attracting and Retaining Please Visit Our Website https://mbareportsguru.com/compensation-policy-as-means-of-attracting-and-retaining/ Or call us +91 9481545735 Introduction The goal of this chapter is to discuss the signific...