Compensation and reward management ppt

Implementng Total Rewards Strateges 33 competencies, test the new tool, and finally implement and train the new process for performance management.
This system gave managers a new appreciation for how things are done.

INTRODUCTION Compensation is a systematic approach to providing monetary & non monetary value to employees in exchange for work performed. Compensation may be defined as money received in performance of work and many kinds of benefits that an organization provides to their employees.

Compensation and Reward system plays vital role in a business organization.
Reward Management is concerned with the formulation and implementation of strategies and policies that aim to reward people fairly, equitably and consistently in accordance with their value to the organization. 3.

Reward Management is concerned with the formulation and implementation of strategies and policies that aim to reward people fairly, equitably and consistently in accordance with their value to the organization.
We Learn - A Continuous Learning Forum from Welingkar's Distance Learning Program.
HR Audit.
Compensation managt 01 session.

Present and manage your company’s rewards and benefits using our reward management PowerPoint template

This reward structure PowerPoint consists of a total of 32 content ready complete slides

This human resource management PPT deck comprise of templates like basic employee compensatio

Compensation and Reward system plays vital role in a business organization

Reward Management is concerned with the formulation and implementation of strategies and policies that aim to reward people fairly, equitably and consistently in accordance with their value to the organization

What is compensation ?  Compensation is the total cash and non-cash payments that you give to an employee in exchange for the work they do for your business

 It is typically one of the biggest expenses for businesses with employees