Objectives of Compensation

Author Topic: Objectives of Compensation  (Read 37 times)

Offline rahim2008

  • Faculty
  • Sr. Member
  • *
  • Posts: 302
    • View Profile
Objectives of Compensation
« on: March 20, 2020, 10:41:00 AM »
To attract and retain competent employees
To improve morale, motivation and productivity
To develop and maintain fair wages structure
To control cost
To minimize grievances
To reduce subjectivity and favoritism