What are the components of compensation management?

Questions › What are the components of compensation management?
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Nikhil Rawat asked 2 years ago
   
3 Answers
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Priya Vishwas answered 2 years ago
Compensation management includes the basic salary and allowances of an employee.   
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Akshaj Singh answered 2 years ago
Compensation management includes all the benefits given to an employee including the basic salary and other payments in the form of allowances and incentives.  
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Deepak Goyal answered 2 years ago
Compensation management includes all the components of an employee salary such as monthly pay, allowances, incentives, and other benefits.