Compensation and benefits components

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 ...

Direct Employee compensation

Direct compensation refers to monetary benefits offered and provided to employees in return of the services they provide to the organization. The monetary benefits include basic salary, ...

Components of executive compensation

The various components of executive compensation are – (adsbygoogle = window.adsbygoogle || []).push({}); 1. Salary – base salary 2. Short Term Incentives (STI) – for meeting ...

Executive Compensation

Executive compensation is the monetary and non-monetary benefits which are given to the senior management & executives of a company. Executive compensation includes salaries, perks, ...

Compensation Vs Remuneration

  (adsbygoogle = window.adsbygoogle || []).push({}); Compensation Remuneration Compensation is paid to the employee in case of death of employee, physical injury, ...

What Does the Human Resources Do?

Human resources may be a somewhat obscure term that does not capture well the scope of the duties within the department. whereas human resources employees handles several of the matters ...

Compensation Reward and Recognition

This discipline covers the various forms of direct compensation—i.e. employee’s pay including variable pay, short and long term incentives, company stock awards, as well as promotions ...

Compensation & Benefits

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 ...

Merit Increases

Salary increases are granted to eligible employees in career positions based upon their job performance. Merit eligibility is contingent upon completing three months of service in PPSM. (adsbygoogle ...

Compensation Management

Before reading the compensation management topic, one should know the impact of compensation system on the organisation and its gravity if it is not managed effectively. First and last ...
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