There can be several ways where benefits can be given to employees. Mostly it is given in terms of a CTC or gross salary. Some of the various components of compensation and benefits ...
Following are samples of the employee benefits that are offered across many organizations. Use this list of employee benefits in thinking creatively about your current employee benefits ...
Direct benefits are optional, non-wage compensation provided to employees in addition to their normal wages or salaries. These types of benefits may include group insurance (health, ...
Child and Elder care benefits
Child care and elder care are becoming more prevalent in benefits packages. If these issues affect your life, find out what the employer offers either ...
Benefits are any perks offered to employees in addition to salary. The most common benefits are medical, disability, and life insurance; retirement benefits; paid time off; and fringe ...
Compensation can be linked to business structure and employee recruitment, retention, motivation, performance, feedback, and satisfaction and are typically among the first things potential ...
When most people hear the term compensation they think about “what a person is paid”. Although this is true, it is only one aspect of a complex topic. Compensation includes ...
Let us see how Human Resource Management is contributing in the current scenario:-
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1. HRM helps in Hiring and Training ...
Compensation and benefits refers to the compensation/salary and other monetary and non-monetary benefits passed on by a firm to its employees.
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Major HR Management Activities
1. Strategic HR Planning and Analysis
a) HR Planning : Human resource planning is the continuous process of systematic planning to achieve optimum use ...