What are the components of compensation management?

Questions › What are the components of compensation management?
0 Vote Up Vote Down
Nikhil RawatNikhil Rawat asked 4 years ago
   
3 Answers
0 Vote Up Vote Down
Priya VishwasPriya Vishwas answered 4 years ago
Compensation management includes the basic salary and allowances of an employee.   
0 Vote Up Vote Down
Akshaj SinghAkshaj Singh answered 4 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.  
0 Vote Up Vote Down
Deepak GoyalDeepak Goyal answered 4 years ago
Compensation management includes all the components of an employee salary such as monthly pay, allowances, incentives, and other benefits.