Total Rewards Philosophy

Compensation can either be in financial and non-financial terms. In economic terms it alludes to remittance of funds to employees, i.e. salaries and wages vis-à-vis labor offered. The end goal is employee retention; efforts provided to maintain a business environment focusing on them remaining within the firm to render their services. The goal being enhancing utility regarding employee satisfaction and reduction of substantial costs aimed at profit-making. Compensation and employee retention construe each other. The linkage between them is that a reasonable compensation strategy enhances the retention of employees. Salary is

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