Post by account_disabled on Mar 14, 2024 1:42:49 GMT -7
The it will provide employee satisfaction. Meanwhile according to experts compensation has the following core meaning. . Malayu SP Hasibuan This gift is all income in the form of money either directly or indirectly obtained by employees as remuneration or compensation for services provided to the company. . William B Werther and Keith Davis Compensation is whatever a worker receives either hourly wages or periodic wages managed by the personnel department as remuneration for the work they have been given. . F. Compensation Sikula or compensation is anything that is considered or constituted as a reward for services or equivalent.
Edwin B Flippo Compensation is appropriate and fair compensation for services given to employees or Buy Leads workers for services to achieve organizational goals. Puose of Providing Company Compensation Providing compensation by the company to employees is not necessarily due to obligations but also provides benefits to both the employee and the company. The importance of employee compensation The objectives of providing compensation from each party are as follows. . For Companies Attracting qualified and potential job applicants. Retaining competent employees. Achieve competitive advantage. Increase productivity. Facilitate strategic goals. Strengthen and determine the company's structure.
For Employees Employees feel that they are appreciated for what they do. Relatively stable and guaranteed employee stability. Increase employee discipline. Companies usually provide various compensation to their employees based on the business processes they carry out. It is not only material in nature but can also take the form of allowances. Usually there is a type of compensation namely salary. In the payroll system some companies usually use an hourly payment system. This means that workers who work long hours will get a higher salary. The wage system is usually applied to workers or workers who produce and maintain machines. monthly or weekly. Incentives Workers usually receive payments in excess of a specified salary or wages.
Edwin B Flippo Compensation is appropriate and fair compensation for services given to employees or Buy Leads workers for services to achieve organizational goals. Puose of Providing Company Compensation Providing compensation by the company to employees is not necessarily due to obligations but also provides benefits to both the employee and the company. The importance of employee compensation The objectives of providing compensation from each party are as follows. . For Companies Attracting qualified and potential job applicants. Retaining competent employees. Achieve competitive advantage. Increase productivity. Facilitate strategic goals. Strengthen and determine the company's structure.
For Employees Employees feel that they are appreciated for what they do. Relatively stable and guaranteed employee stability. Increase employee discipline. Companies usually provide various compensation to their employees based on the business processes they carry out. It is not only material in nature but can also take the form of allowances. Usually there is a type of compensation namely salary. In the payroll system some companies usually use an hourly payment system. This means that workers who work long hours will get a higher salary. The wage system is usually applied to workers or workers who produce and maintain machines. monthly or weekly. Incentives Workers usually receive payments in excess of a specified salary or wages.