Compensation Policy as Means of Attracting and Retaining Employee

Compensation Policy as Means of Attracting and Retaining Employees is a report that emphasizes the necessity of the compensation policy as a means of attracting employees. Compensation is given to the employees for the work that they do in the organization. There are chances that the employees can be retained in the organization if provided with better compensation. A compensation structure can help in attracting the employees for the particular position intended for. It can also help them in having a better career in the organization. The compensation policy can differ from one organization to another as different companies have their compensation policy.