Compensation Management- Meaning, Objectives, Types and Components of compensation (In Hindi)

Compensation Management- Meaning, Objectives, Types and Components of compensation (In Hindi)

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In this video we will learn about the compensation management. Compensation is one of the leading expenses for any organization or business. In simpler words, compensation is the money received by an employee from an employer as a salary or wages.
Both employers and the employees are concerned about the adequacy of the compensation. Employers are interested to hire competent employees by offering attractive and bearable cost to the company, while employees try to get maximum return on their skills, knowledge, expertise or payment to justify their worth.

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