What is Compensation?
Answers were Sorted based on User's Feedback
Answer / pandiyan
compensation mean it combination of salary and work
performance commission
| Is This Answer Correct ? | 2 Yes | 0 No |
Answer / sakib
compensation is a combination of salary which is basic,
extra which are benefits and incentives that may short term
or long term..
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / sheheryar ahmad
Base Pay
Commissions
Overtime Pay
Bonuses, Profit Sharing, Merit Pay
Stock Options
Travel/Meal/Housing Allowance
Benefits including: dental, insurance, medical, vacation,
leaves, retirement, taxes...
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / lavanya
Compensation is the total amount of the monetary and
non-monetary pay provided to an employee by an emplooyer in
return for work performed as reqireed
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / binod
Compensation is the total reward received by an employee in
exchange for services performed for an organisation. It can
include both direct pay (Salary and wages) and indirect pay
(benefits programmes).
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / honey
compensation refers that when a employee do good work and achieve company goal then company given some reward to the employee.
| Is This Answer Correct ? | 1 Yes | 0 No |
Answer / rajesh upadhyay
Compensation is the total amount of the monetary and non-monetary pay provided to an employee by an employer in return for work performed as required.
| Is This Answer Correct ? | 0 Yes | 0 No |
Answer / sagar saini(karan) from sect
compensation is any monetary and non monetary benefit to the
employees for the his performance & any extra efforts by the
company. its include like basic salary, hra, bonus,
incentives & any other facilities.
| Is This Answer Correct ? | 0 Yes | 2 No |
Answer / vamsi krishna
if a system is redisined in such away that the specific
objective is achived i.e, the redesign or alternation of a
system using an additional component for the spefic
application to get th desired performenc is known as
compensation of c.s.
| Is This Answer Correct ? | 5 Yes | 9 No |
What is the formula for the calculation of Gratuity?
41 Answers Al-Shafar, Apollo, College School Exams Tests, Hindustan Unilever Limited, IRPL, LIC, Nimbus, Oriental Insurance, Talent Mappers, Team Computers, Trident Hilton,
I want to know basics in mba,please send me some sort of information
From a strategic perspective, how can senior management make the best use of the human resource function?
‘Why will we hire you among the 10 other candidates for the Sales role?
Wat is recruitment & How is the Recruitment Scenario in todays global market?
what is simple difference b/w c&c++
what is the difference between job description and job speciication
why you want to join recruitment why not any other field of HR?
what is recruitment,objective,function,process,duties,kinds etc
What should be the components of a fair policy with regard to collecting, maintaining, and disseminating information about employees?
why do u want to skip from commerce to hr?
Why Do You Want To Work Here?
Business Administration (517)
Marketing Sales (1279)
Banking Finance (3208)
Human Resources (747)
Personnel Management (68)
Hotel Management (29)
Industrial Management (113)
Infrastructure Management (14)
IT Management (97)
Supply Chain Management (16)
Operations Management (39)
Funding (79)
Insurance (494)
Waste Management (1)
Labor Management (48)
Non Technical (73)
Business Management AllOther (546)