( ISSN 2277 - 9809 (online) ISSN 2348 - 9359 (Print) ) New DOI : 10.32804/IRJMSH

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COMPENSATIONANDINCENTIVES MANAGEMENT

    2 Author(s):  HEMANT YADAV , MOHIT PRAKASH

Vol -  4, Issue- 3 ,         Page(s) : 921 - 931  (2013 ) DOI : https://doi.org/10.32804/IRJMSH

Abstract

For most people, pay is a primary reason for working .Indeed, compensation is at the core of any employment exchange, and it serves as a defining characteristic of any employment relationship. The study focusesoncriticalpointsofcompensationandincentivesmanagement.The fundamentals of a good incentive program include the elements of vision, potential, communication and motivation and can be realized if incentive promises are fulfilled–by both employer and employee. The aim of the paper is to identify the most important attributes of compensation and incentives management.

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