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  • Function and Importance of Compensation

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    Arnel De Guzman
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    This document discusses functions and importance of compensation, wages, performance evaluation, appraisal, reward systems, employee relations, and employee movement in organizations. Compensation, wages, and performance evaluations are important for motivating employees and assessing their work. Reward systems, good employee relations, and opportunities for movement are also crucial for retaining talented workers.

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    Function and importance of compensation

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    This document discusses functions and importance of compensation, wages, performance evaluation, appraisal, reward systems, employee relations, and employee movement in organizations. Compensation, wages, and performance evaluations are important for motivating employees and assessing their work. Reward systems, good employee relations, and opportunities for movement are also crucial for retaining talented workers.

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    20 views2 pages

    Function and Importance of Compensation

    Uploaded by

    Arnel De Guzman
    This document discusses functions and importance of compensation, wages, performance evaluation, appraisal, reward systems, employee relations, and employee movement in organizations. Compensation, wages, and performance evaluations are important for motivating employees and assessing their work. Reward systems, good employee relations, and opportunities for movement are also crucial for retaining talented workers.

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    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 2

    MABALBALINO NATIONAL HIGH SCHOOL

    Senior High School Department

    ORGANIZATION AND MANAGEMENT (Q2)


    FUNCTIONS AND IMPORTANCE OF COMPENSATION, WAGES AND PERFORMANCE EVALUATION,
    APPRAISAL, REWARD SYSTEM, EMPLOYEE RELATIONS AND MOVEMENT

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