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what are the factors that effect compensation? what is compensation? job and pay satisfactions?
Size of the company what effect?
The factors influencing compensation plans and policies include organizational provisions and government regulations. It also includes equity considerations, union pressure, and organizational positions.
There are so many factors that must be considered in structuring organizations. Some of these factors include the size of organization, goal and objectives, policies and so much more.
Your annual job compensation expectation should depend on a number of factors. It will depend on the job description as well as your skills and experience.
Development factors are those that help organisms or organizations grow. These factors may include things like water and food for example.
The compensation to an accident depends upon the severity of the accident as well as many other factors such as insurance, the other part involved and many other factors. The best route to take is to consult a lawyer..
The factors influencing compensation management are broken into two categories: Internal and ExternalInternalCorporate philosophyCorporate missionBusiness strategyHuman resources philosophy and strategyTotal rewards philosophy and strategyCorporate cultureShareholder expectationsCorporate structureCosts/resource availabilityExternalCommunity cultureCompetitionEconomicsIndustry characteristicsLabor marketLegal/regulatoryTechnologyGlobalization
That depends on several different factors. Factors like where you work, what state you work in, and your own insurance company. Most people get injury compensation but legal issues sometimes arise when it comes to steep medical bills.
Sales person compensation is often an index and ratio of multiple factors and criterion. Sales compensation can have baseline index of hourly compensation regardless of productivity. The second level to compensation after hourly can be a performance, that is commissions or incentives based. Thus, hourly labor plus commissions/incentives form the two most common core components behind sales pays.
People who are in-charge of developing a compensation plan for injured workers usually have to consider different factors such as: Injuries covered by the law like physical, mental, accidental, and occupational disease, who are covered by the worker's compensation law and what is the uninsured employers fund.
There are two major factors to consider for effective wage administration. First one must consider the compensation plan. This includes deferred compensation and incentive plans. Second, one must consider an integrated system of job analysis, job description, job valuation and performance evaluation.