What is Compensation in Human Resource Management? Definition Objectives, Components of Compensation

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[@jerrypeter7616]

Legal complaince:- Govt ki minimum wages ki policy hoti hai. Govt time to time policy to revised krti ha k aik company ya organization me workers ki minimum salary kitni honi chaiye. Ya workers ko kon kon se rewarda milne chaiye ya workers ko kon kon se incentives milne chaiye
Promote healthy competition:
Jab employes ko unko performance k against incentives milte hai to is se employes k darmiyaan competition develop hota ha or employee apni maximum efforts lagane ki koshish krte ha take unko rewards mile. Take unki efficency bare or unko incentives mile
Establish equity:-
Organization k andar jo similar skills k log ha unki salary aik jesi honi chaiye yani mtlb unke darmiyaan income inequality nh honi chaiye

[@managementtutorials]

Exactly 💯
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[@arjumandbano2395]

Thnk u so mch this is very helpful 😊😊😊😊

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[@alka_dhaka03]

Thanku sir ❤

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[@sabakausar5855]

Keep uploading these HR related videos ❤

[@managementtutorials]

Sure, please share with classmates too

[@nilufarnazbin6974]

Thank you so much 🙏❤

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[@IPuniversityconcepthelp]

i love this vedio

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[@faisalnawaz6113]

Really informative... ❤ Sir you are professional in industrial relations. I have some quarries about regarding WPPF workers profit participation fund. Can you give the answers???

[@managementtutorials]

Yes please

[@faisalnawaz6113]

@@managementtutorials if a company financial statements shown in loss after taxation in profit & loss account, while before taxation charge is profit in that conditions workers eligible for wwpf? Kindly give detail according to sindh 2015 wppf act and also through federal act....