Compensation Management: Maximizing Employee Value

Compensation management is the process of analyzing, determining, and managing employee compensation, incentives, and benefits.

What Is Compensation Management?

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Types of Compensation Systems



Base salary


Overtime pay

Cost of living

Health insurance

Retirement plans

Paid time off

Tuition assistance

Employee satisfaction

Importance of Compensation Management

Attracting top talent

Improved performance

Reduced turnover

Employees Compensation Act 1923

The Employees Compensation Act of 1923 is an important legislation in India that provides for compensation to employees and their dependents in case of injury or death during the course of employment.

For More Detailed Information, Viewers Are Encouraged To Visit The Employee Compensation Page.

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