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Essay Details:
Essay text:
In the human resources realm staff motivation translates into compensation. Compensation not only means pay. It also relates to other entitlements such as leave flex or even perks of the job.
Compensation motivates by meeting peoples needs. However, when poorly managed, it also may discourage workers. Managers must develop appropriate ways to compensate their staff befitting of the work and the work environment.
The intention of this report is to:
• Gain an overview of compensation.
• How it meets the needs of employees.
• The importance of perceived equity.
• Specific methods of compensation and the impact compensation might have on employees...
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