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Compensation Management at Heritage Company
Abstract: Human Resources (HR) is the division of a company that is responsible for finding, selecting,recruiting, and training job applicants, as well as managing employee benefit programs.Compensation management is often referred as salary and wage administration. Human resourcemanagement department designs compensation policy. Organizations can be competitive if theyupdate their compensation package according to market conditions. Standard human resource policygives high priority for better compensation package. The parameters considered while designingcompensation management …
Published in NOLEGEIN Journal of Performance Management & Retention Strategies · Vol. 4, Issue 1, 2021 Read article