Salary Compensation According to Position

Salary Compensation According to Position

Introduction

Various compensation and appraisal programs play a very essential role in supporting the employees in crisis and rewarding them benefits for their hard work. Salary compensation is one of such programs every company or organization plans, implements, maintains and regulates for the benefit of its employees. Though the fact of how fair and reasonable these salary compensations can be varies from company to company. However, one of the most commonly observed trends in companies is the planning of these compensations in correspondence to the hierarchical level of the employees which is an unfair ...