The Various Methods of Remunerating Employees


Essay, 2020

6 Pages, Grade: 86.0/100.0


Abstract or Introduction

Reward can be characterized as remuneration and compensation given to employees in return for their services (Torrington Et al, 2014). Compensation shapes a significant subset of the complete rewards and contains those components that can be esteemed in money related terms (Jiang Et al, 2009). Compelling compensation technique regularly supports the achievement of the business as it is considered as one of the vital components to draw in and propel human capital. Herzberg attests that lacking compensation is one of the key components causing disappointment among employees.

Details

Title
The Various Methods of Remunerating Employees
Grade
86.0/100.0
Author
Year
2020
Pages
6
Catalog Number
V963240
ISBN (eBook)
9783346313805
Language
English
Keywords
Human resource management, Employees, Remuneration, Benefits, Management
Quote paper
Jeff Anim Boateng (Author), 2020, The Various Methods of Remunerating Employees, Munich, GRIN Verlag, https://www.grin.com/document/963240

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