Financial planning assistance

(adsbygoogle = window.adsbygoogle || []).push({}); Financial planning professionals provide many services. It’s important to determine which professional can provide ...

Compensation Management

(adsbygoogle = window.adsbygoogle || []).push({}); Before reading the compensation management topic, one should know the impact of compensation system on the organisation ...

Compensation Carve-out

A compensation carve-out refers to the policy of keeping away a portion of the increase in compensation budget for the highest performing employees. This method is used as a pay for ...

Deferred Compensation

Portion of earned Income that is paid to the employee at a later date is named as Deferred Compensation. This is usually practiced to defer tax to a future date when the rate is lower. Examples: -Retirement ...

Compensation

Compensation is something, most usually money, which is given to the employees of an organization or company as payment or reparation for their service towards the organization or because ...

Compensation & Benefits

Compensation and benefits refers to the compensation/salary and other monetary and non-monetary benefits passed on by a firm to its employees. This can include various components: Fixed ...

20 ways to motivate your employees without raising their pay

It is a costly mistake to get lost in the false theory that more money equals happy employees. Believing this is costing you valuable time, revenue, employees…and even threatening ...

Advantages Of Skill-Based Pay

Among the advantages of skill-based pay are the following: It contributes to job enlargement and enrichment by breaking down narrow job classifications. Flexibility is increased by ...

Reasons For Skill-Based Pay

More than ever before in industrial relations history a commonality of interests in the skills of employees has developed between employers and employees. Skills provide employees with ...

Expectancy Theory

The expectancy theory says that individuals have different sets of goals and can be motivated if they have certain expectations. This theory is about choice, it explains the processes ...
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