Designing A Compensation Package

Ashford University

Designing a Compensation Package Introduction An impeccable compensation package means that a company cares for its employees. It values the time, skills, and energy they put into work. It also shows that the firm is generally interested in maintaining the customers. Further, the package is largely important in projecting a positive image of a company. Thus, many players in the industry are bound to have a better view of the company (Shin et al., 2015). Notably, it is possible for them to be more willing to associate with the organization. Further, the approach enables an organization to gain access to highly competent personnel. Also, most of them are likely to be more...