When do you need to consider employee compensation?
As an HR leader for your organization, you know that employee compensation is not just something you determine when you hire a new team member and then forget about. In fact, how you compensate a team member should reflect their performance and will often change throughout their journey with your organization.
What’s the best way to measure employee compensation?
In fact, it’s highly recommended that your own organization and HR team take a Total Rewards Approach to employee compensation, carefully considering both direct and indirect forms. The challenge now comes in how to actually measure employee compensation. As you already know, how you compensate an employee will often change over time.
How should our company get the employee to compensate for losses incurred?
How should our company get the employee to compensate fr the losses incurred. In any company, employees work as a group. Somewhere this programmer must be reporting to someone senior to him, there should be a quality team/testing team to run the program
Can a company recover the entire amount from an employee?
Supreme Court has given a verdict that employer cannot recover the entire amount from the employee for the damages caused by him/her. So take first advice of the legal expert and then go ahead. However, you can conduct the domestic enquiry, give the employee a chance to defend himself/herself and take appropriate action as required if found guilty.
As an HR leader for your organization, you know that employee compensation is not just something you determine when you hire a new team member and then forget about. In fact, how you compensate a team member should reflect their performance and will often change throughout their journey with your organization.
How should our company get the employee to compensate fr the losses incurred. In any company, employees work as a group. Somewhere this programmer must be reporting to someone senior to him, there should be a quality team/testing team to run the program
In fact, it’s highly recommended that your own organization and HR team take a Total Rewards Approach to employee compensation, carefully considering both direct and indirect forms. The challenge now comes in how to actually measure employee compensation. As you already know, how you compensate an employee will often change over time.
What do you mean by non financial compensation?
Non-financial compensation refers to compensating employee not in form of money but in some other forms that stimulate employees’ morale and also improve his performance.