Compensation Management
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(Case Code: HROB047) click on the button below, and select the case from the list of available cases:
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Please note:
This case study was compiled from published sources, and is intended to be used as a basis for class discussion. It is not intended to illustrate either effective or ineffective handling of a management situation. Nor is it a primary information source.
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Case Details: |
Price: |
| Case Code |
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HROB047 |
For delivery in electronic format: Rs. 200;
For delivery through courier (within India): Rs. 200 + Shipping & Handling Charges extraThemesHR concepts and
issues |
| Case Length |
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05 Pages |
| Period |
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1990 - 2004 |
| Pub Date |
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2004 |
| Teaching Note |
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Available |
| Organization |
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- |
| Industry |
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Varied |
| Countries |
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India |
Abstract:
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The compensation policy and the reward system of an organization are viewed by
the employees as indicators of the management's attitude and concern for them.
Traditionally, pay scales in companies reflected the importance of the work and
the responsibility level. Today, organizations try more to assess the worth of
an individual in terms of his performance and contribution to the organization.
These caselets discuss the importance of a compensation system that is
competitive and attractive for the employees and at the same time, profitable
for the organization.
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Issues:
» The role and importance of compensation management in an organization, the
need for a contemporary and competency/skill based compensation system
Keywords:
Compensation policy, reward system, organization, employees,
indicators, attitude, pay scales, companies, responsibility level, performance,
contribution, competitive, attractive, profitable
Compensation Management
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