• Employee compensation is a vital part of human resource management. • Wages or salaries and other forms constitute a very large component of operating costs. • MAJORITY of the ...
Filetype Power Point PPTX | Posted on 29 Aug 2022 | 2 years ago
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...Employee compensation is a vital part of human resource management wages or salaries and other forms constitute very large component operating costs majority the union disputes are relating to remuneration department studies ncm no organisation can expect attract retain talent unless it pays them fair motivational factor helps satisfy their physical needs also determines social status emplbasionuycepeseepn lorticeommv epre compnimetanarsrypay eticom cnonomsa tipponeennssaatitionon base primary refers basic pay in form fixed paid on basis time expended job usually cash main purpose compensate employees for services determined evaluation supplementary means fringe benefits addition increase efficiency depend mainly company policies...