Skip to main content

Home/ shefali/ importance of c&b professionals
Arlyedbunete Kepler

importance of c&b professionals - 1 views

started by Arlyedbunete Kepler on 11 Mar 14
  • Arlyedbunete Kepler
     
    In order to create a good employment relationship an organization should have compensation and benefits, which incorporates direct payment of cash, indirect cash payments such as benefits and some incentives for that employees for motivation and for them to work hard with regard to increased productivity.

    Compensation is usually affected by various elements such as government legislation, leading management viewpoint concerning payment and benefits, labor market factors and group bargaining by the employees or their industry unions. A persons resources manger should ensure that the employees are well paid because a reward or compensation bundle can turn to be a good motivational element. Some of the objectives of a compensation and benefits forum consist of attracting competent candidates, to keep hold of present employees and to ensure they remain motivated perform better and display preferred behavior.

    You will find statutory procedures that underlying for proper compensation of workers in terms of the total rewards innovation they get from the compensation and benefits scheme of an organization. These legal provisions tend to be governed by the international work laws and therefore should be purely followed by an organization. Failure to stick to such laws and regulations will lead to the organizations being liable to the employees and the organization might be legally prosecuted by the workers for violation on their legal rights. Apart from the monetary benefits that organizations give their employees for rewards innovation, there is also the facet of conducive working environments that they need to provide. Therefore in conclusion, businesses should be aware of the actual governing labor laws so they cannot get into legal difficulty.

To Top

Start a New Topic » « Back to the shefali group