The Various Methods of Remunerating Employees

Essay from the year 2020 in the subject Leadership and Human Resource Management - Employee Motivation, grade: 86.0/100.0, , language: English, abstract: Reward can be characterized as remuneration and compensation given to employees in return for their services (Torrington Et al, 2014). Compensation shapes a significant subset of the complete rewards and contains those components that can be esteemed in money related terms (Jiang Et al, 2009). Compelling compensation technique regularly supports the achievement of the business as it is considered as one of the vital components to draw in and propel human capital. Herzberg attests that lacking compensation is one of the key components causing disappointment among employees.

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