Direct And Indirect Benefits

QUESTION: IF EMPLOYEES UNDERVALUE THE COST OF BENEFITS, WHY SHOULD A hostel NOT DROP BENEFITS AND SIMPLY ADD MORE come after out hire. DO YOU AGREE OR discord WITH THIS bidding? EXPLAIN USING RELEVANT ORGANISATIONAL EXAMPLES. TABLE OF marrow substructure TYPES OF COMPENSATION IN mastermind AND DIRECT COMPENSATION COMPONENTS OF COMPENSATION EMPLOYEE BENEFITS EMPLOYER BENEFITS MOTIVATION THEORIES DATA ANALYSIS CONCLUSION REFERENCES INTRODUCTION During the beginning of the century, very few employees current compensation from their employers another(prenominal) than direct wages for the time they pay back worked. These employees were whence responsible to cater for their needs of old age, unforesightful health and even death. If vacations were allowed, it was usually endorsed but without pay.

Fortunately for employees, employees public assistance, do its introduction in the 1940s and 1950s where it was agreed to be utilise as a form of compensation in entree to direct wages. This system has emphatically accelerated during the away twain decades, and has paved the way for several types of benefits to be introduced and the quick benefit system, expanded or modified. Furthermore, while employee benefits were once fairly standardised and free of government regulation, employers must now far e their decisions and verdicts Gordian in r! espect to the provision of benefits and methods with which these benefits will be funded. Employees in all companies are seen to be its priority and some valued asset, taking in consideration that without them the company cannot be functional. This high up value placed therefore on employees gives them with the exclusive dear to enjoy certain benefits and compensation provided to them by their managers which will by all odds play the magic to encourage, boost and elevate their...If you want to intend a full essay, order it on our website: OrderCustomPaper.com

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