The impact of compensation management on employees' performance and motivation : case study : FADERCO SPA
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Date
2020-09
Journal Title
Journal ISSN
Volume Title
Publisher
The School of Higher Commercial Studies
Abstract
The realization of organizational objectives is in most cases achieved through the human
resource asset and there is need therefore to enhance the commitment of employees to the
organization. Hence the identification of all possible factors that increase employee commitment
is of utter importance. Indeed, compensation management is an essential element of human
resource management. It influences the decision of potential employees to join an organization and
determines employer-employee relationship after employee joins the organization.
The compensation management should in addition encompass both monetary and non monetary rewards is not only paid to employee in exchange of the services rendered while taking
into consideration employment contract, competence and skills, it is designed into the end of
improving employees' performance.
We did our practical internship in “FADERCO” in order to indicate the impact of
compensation management on employees' performance, taking the example of an Algeria industrial
company
Description
Keywords
Compensation, Employee performance, Incentives, Performance appraisal, Financial rewards