Compensation Management PDF

Compensation management means handling how much benefits and money employees get. The main objectives of compensation management are - to make employees happy and manage a budget.

A well-managed compensation involves using both money and other cool stuff to keep employees excited, let’s see how by book.

An effective compensation management strategy aligns with the overall organizational goals and promotes employee engagement.

Companies can create a compensation framework that attracts and retains skilled employees and enhances overall organizational performance and success.