Compensation Policy as means of Attracting and Retaining

Compensation Policy as means of Attracting and Retaining is a report that focuses on the necessity of the compensation policy in the organization. An employee leaves the current organization for various reasons. Compensation is one among them. It is observed that an employee can get a better compensation when they leave the current organization. Compensation can help in attracting the employees to move to a good organization. At the same time if provided with better compensation it can help the organization to retain the employees in the organization. So the organization must offer good compensation for the experience that one is having.