Literature Review

Published on June 2017 | Categories: Documents | Downloads: 54 | Comments: 0 | Views: 817
of 2
Download PDF   Embed   Report

Comments

Content

Literature review o According to the research paper of University Of Lagos, the management people at work is an integral party of the management process, put differently, managers need to understand the critical importance of people in their organization so as to recognize that the human element and the organization are synonymous. Therefore employees should be treated like a family and should be paid proper compensation. o

Employee Compensation and Benefits helps to motivate employees to retain in business and helps to increase productivity.

o Staying in touch with market trends and employee priorities, firms can improve their ability to recruit and retain highly skilled accounting professionals.

• Globally, total reward strategy provides the framework for the employment deal. Nearly a 3rd of multinationals (31%) have rewards strategy. • At state level , Retirement benefit access for private workers ranged from 31% for the lowest 10% of wage earners to 88% for the highest 10%. Non-union workers paid 22% of the single coverage medical premiums and union workers paid 13%. • At Surat City Level an Accountant earns an average salary of Rs 198,884 per year with bonus Rs 46,657. A Software Developer earns an average salary of Rs 349,891 per year.

Sponsor Documents

Or use your account on DocShare.tips

Hide

Forgot your password?

Or register your new account on DocShare.tips

Hide

Lost your password? Please enter your email address. You will receive a link to create a new password.

Back to log-in

Close