ACADEMICIA: An International Multidisciplinary Research Journal
  • Year: 2015
  • Volume: 5
  • Issue: 12

An exploratory study on fair compensation system to employees with special reference to private sector enterprises

  • Author:
  • J. Mohan Raj, Bharath
  • Total Page Count: 3
  • Page Number: 58 to 60

*Associate Professor, Department of Management Studies, Brindavan College, Yelahanka, Bangalore

**Assistant Professor, Department of Management Studies, Brindavan College, Yelahanka, Bangalore

Online published on 30 March, 2016.

Abstract

There is a fair compensation system is need of the hour and it fulfill the employee base and cost of living in the society. The changes of organization structure towards the business and globalization. Companies will increase the performance of the employee and motivate the employees for achieving the organisational goals and objectives.

Keywords

Compensation, Motivation, Efficiency, organization structure, Innovation and Value added