COMPENSATION

Essay specific features

 

Issue:

Miscellaneous

 

Written by:

Michael K

 

Date added:

June 23, 2016

 

Level:

University

 

Grade:

A

 

No of pages / words:

5 / 1170

 

Was viewed:

494 times

 

Rating of current essay:

 
Essay content:

Once good people are hired, they need to be motivated to behave in ways that help the organization. This is where compensation enters the picture. Pay and other rewards should reinforce desired behaviors. They should make sure that what expected of employees, and what is measured in regular performance review, is consistent with what the compensation practices are doing...
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Firstly, compensation should be sufficiently attractive to make recruiting and hiring good potential employees possible. This is one of the best way or method to attract potential employees in the market. Secondly, they should make sure the good employees stay with their company. If they can succeed at these two things, they can then concentrate on building further knowledge and skills...
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