What is Compensation Management?
Turkish: Ücret Yönetimi
Compensation management is a strategic process that determines employees' salaries, bonuses, incentives and benefits. Fair and competitive pay policies are an important factor in increasing employee satisfaction and commitment.
Related terms
Compensation Management (Pay and Rewards)Compensation management is a process that determines employees' pay, bonuses, benefits and incentive systems.…Employee SatisfactionEmployee satisfaction is the level of contentment employees feel about factors such as the work environment,…Compensation and Benefits AnalysisCompensation and benefits analysis is an evaluation process carried out to determine whether employees'…Productivity ManagementProductivity management covers the strategies and tools applied to help employees achieve maximum efficiency…