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Compensation management refers to a set of policies implemented by companies to ensure that workers are paid fairly. This is because salaries account for the majority of an organisation's expenditure.
Wiki User
∙ 9y ago
Wiki User
∙ 12y agocompensation management is nothing but it is the remuneration paid by the organisation to the employees in turn for his/her contribution to the organisation.
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What are the common Compensation Management practices in mining projects?
What are the common Compensation Management practices
What has the author Joseph J Martocchio written?
Joseph J. Martocchio has written: 'Employee benefits' -- subject(s): Compensation management, Employee fringe benefits 'Research in Personnel and Human Resources Management, Volume 25 (Research in Personnel and Human Resources Management)' 'Strategic compensation' -- subject(s): Compensation management
What are the type of management in human resource management?
Staffing, performance, appraisal, compensation, and benefit
Challenge of compensation management in MNC?
Challenges of MNc
What can one expect to talk about when discussing compensation management?
When discussing compensation management, one can expect to go through the details of how to properly reward people for the amount of work they have done, or how to give them compensation for something that has hurt them in some way.
What are the advantages of compensation management software?
The advantages of compensation management software are managing compensation easily, assure data integrity, Increase insight with metrics, eliminate manager bias, and to maintain your best employees and avoid overpaying your worst employees.
What has the author Leonard R Burgess written?
Leonard R. Burgess has written: 'Wage and salary administration in a dynamic economy' -- subject(s): Wages 'Compensation administration' -- subject(s): Compensation management 'Wage and salary administration' -- subject(s): Compensation management
What is market compensation system what are the processes for conducting effective compensation survey?
search a company how is using HR techniques like performance appraisal,compensation management,training &development?
What has the author Ronald L Seigneur written?
Ronald L. Seigneur has written: 'Reasonable compensation' -- subject(s): Compensation management
What are the Human resources management functions?
Human Resource Development Performance Appraisal Compensation Management Grievance Handling & Disciplinary Procedure
In what year was injury at work compensation passed as a law in the United States?
The workplace injury management and workers compensation act was passed in 1998 in the United States. It was expanded upon in 2010 with the Workers Compensation Regulation act.
What are the key elements of talent management system elaborate?
A talent management system is an integrated software that connects four pillars of talent management. These include, recruitment, performance management, compensation management and learning and development.
