One of the importance of managing an organization is to compensate your employees effectively and achieve employees satisfaction. So, If you are an HR, how are you going to manage the compensation of your employees that will surely satisfy them?
There are several ways to ensure employee satisfaction with their compensation. One is to make sure that your salary/wage rates are competitive - meaning, they are in par with the industry rates (much better satisfaction if it's above, although of course cost implications should always be considered). Next, providing rewards for projects completed ahead of … Read more