What Is Compensation Management? Components, Benefits, and Challenges
1 Articles
1 Articles
What Is Compensation Management? Components, Benefits, and Challenges
Compensation management is a strategic process of planning, organizating and controlling payments (direct and indirect) of employees pertaining to work. Compensation management cannot be underestimated as it plays a vital role in attracting, motivating and retaining employees as top talent prefer being paid on par with industry trends through competitive and equitable salary packages. Compensation […] The post What Is Compensation Management? C…
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