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Employee compensation is a vital part of HR management

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Discuss how Employee compensation is a vital part of human resource management especially the compensation of executives, sales forces, and contingent workers.

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1. Discuss how Employee compensation is a vital part of human resource management especially the compensation of executives, sales forces, and contingent workers.

Human resource plays a major role in compensating of executives employees. Executive employees, such as chief executive officers (CEOs), chief financial officers (CFOs), company presidents, and other upper level managers are often compensated differently than those at lower levels of an organization. It is important to have compensation packages that attract and retain high quality executive employees. As well, consideration must be given to pay equity and ethics of paying these employees, ...

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