The return (Compensation) is the organization expenses paid to workers. This cost may pay a nominal or not the money. In order to repay the functional performance of responsibility.Promote the morale of staff. And strengthen the status of family practitioners to better
.
1 component of compensation. Wage and salary (Wage and Salary), including the compensation paid to the organization work is a regular income every month!
2.Incentive value (Wage Incentive), including the compensation the organization arrange special incentive to have good performance for better, such as giving a special prize in performance. Promoted
3.Fringe benefits (Fringe benefit), including the compensation provided to workers organization beyond the wages, salaries, and the motive. A compensation organization arranged to support the work better.The purpose of the configuration for 1
.? In order to suit the responsibilities of each position, 2
. To attract people with knowledge and ability to come to the agency and persist in the agency 3 forever
.Rewarding performance, 4
. Promote the morale, 5
. Facilitate the importance of personnel management
1, compensation. The occupation of the population change, 2
. The production cost of organization change
3.The economic stability of the country
factors specify the wages and salary
1. General wage level (Prevailing rate)
2. Ability to pay. (Ability to pay)
3. Standard of living (Standard of living)
4. Value of work (Job Value)
5. Bargaining power (Bargaining power)
7.The government (Government)
8. The products of the organization (Productivity)
.
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