Definition of Compensation

(adsbygoogle = window.adsbygoogle || []).push({}); To survive in a complex, competitive global economy all organization (public and private) must be able to focus on the effective and efficient supply of goods and services. A key factor ...

Objectives of compensation

(adsbygoogle = window.adsbygoogle || []).push({}); Compensation has some important objectives. To achieve, these objectives a well conceived compensation scheme or plan may be established. These objectives are mentioned in the following ...

Theories of Compensation

(adsbygoogle = window.adsbygoogle || []).push({}); In order to understand which components of remuneration are more effective, we need to understand the conceptual framework or theories or employee remuneration. Three such theories are ...
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