Remuneration Notes: Definitions & Explanations PDF | Download eBooks
Study Remuneration lecture notes PDF with strategic management definitions and explanation to study “What is Remuneration?”. Study remuneration explanation with strategic management terms to review strategic management course for online MBA programs.
Remuneration Definition:
Workers must be paid a fair wage for their services.
Management by Stephen P. Robbins, Mary A. Coulter
Remuneration Notes:
Remuneration is installment or remuneration gotten for administrations or business. This incorporates base pay and any rewards or other financial advantages that a representative or official gets during business. Compensation regularly alludes to the all out pay gotten by an official, which incorporates the individual's base pay as well as choices, rewards, business ledgers and different types of pay. The measure of compensation and the structure it takes is reliant on numerous variables, including the representative's an incentive to the organization (full-time versus low maintenance, official position versus section level), the activity type (salaried versus time-based compensation, commission versus base compensation, tipped positions) and the organization's plan of action (a few organizations offer rewards or representative investment opportunities while others don't). One organization may attempt to contract an attractive worker of another organization by offering better compensation. On account of enrolling officials, this corporate "charming" is known as a brilliant hi.
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