Incentive Compensation

Incentive Compensation

Introduction

Employees play the role of blood within the body of any Organization. The reason behind this is that without the employees the entire organization would collapse like a house of cards without any building blocks. As employees are so important to the organization, it must also be remembered that these valuable assets of the organization require some compensation in return for the continuous efforts that they put into the organization's success (Jeffrey & Shaffer, 2007). In order to better understand about the role of compensation within any organization's success, an in depth discussion regarding its application in a hypothetical ...