Different compensation packages for employees

Topic

Congratulations! You have recently been promoted and are the company’s new Human Resources Manager! You have offices in several countries, so how would you evaluate different compensation packages for employees who are located throughout the world?

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1) Your discussion is to be submitted in 12-point Times New Roman font using

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2) You must have a minimum of two sources to support your answer.
3) Students are required to post their primary response (200 word minimum)

4) Students will respond to at least 1 other postings (150 words minimum each)

Response#1(Sravanya)

Compensation is the benefits compensated to the workers or employee after achieving the tasks undertakings inside the association. Compensation inside the association is arranged into two money related and non money pay. Compensation is a necessary component that guide in workers satisfaction, retention and fulfillment. Representatives compensation package are worried about the advantages and stipends that are been given to the workers of an organization. Most organizations utilize standard advantages and recompenses arrangements for their nearby offices for various representative levels. This guarantees the system is reasonable, straightforward and evenhanded. This system be that as it may, probably won’t be viable for the abroad branches or workplaces. The compensation bundles in any nation contrast as indicated by society, condition, money related necessities, way of life and so forth. While plans change by organization too some come things show up in most global bundles which incorporates home allowance, medical, life coverage and so on. Compensation may in like manner be used as a reward for magnificent occupation execution. Cases of such plans incorporate prizes, commissions, stock, benefit sharing, increase sharing. Qualities, destinations and lifestyle change from individual to individual, so there’s no one sizefit all perfect compensation pack.

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