Employee Pay and Compensation In Organizations

Types, Advantages, and Disadvantages

ATTENTION STUDENTS: If you need to write a paper on employee pay and compensation, then this is the perfect reference. It's simple, easy to understand, and right to the point. Pay and compensation are very important to most employees. People want to be happy at work, and monetary rewards are a significant part of their happiness. In fact, money is typically one of the most important reasons why workers remain with their employer or leave for other positions. This eBook focuses employee pay and compensation. It examines various types of wage structures and benefits including: • Salary • Hourly • Commission • Bonus • Piece-rate • Merit • Skill • Profit sharing • Gain sharing • Employee stock ownership • Benefits • Work-life balance If you are interested in learning about employee pay and compensation through simple explanation, then this eBook is for you.