June 2011
Intermediate to advanced
378 pages
14h 11m
English
Content preview from Performance Management Systems and StrategiesBecome an O’Reilly member and get unlimited access to this title plus top books and audiobooks from O’Reilly and nearly 200 top publishers, thousands of courses curated by job role, 150+ live events each month,
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VARIOUS CONCEPTS OF COMPENSATION
Wages is any monetary compensation paid to an employee for the services he/she renders. Primarily, wages in any form provide financial support for the labour, or it is a price paid for the labour. In organizations, wages are divided into two broad categories: base wages and other benefits or allowances. Benefits or allowances are essentially made available to prevent the erosion of wage income in real terms. The basic salary is the real wages and the basic salary with allowances represents money wages. Some of the allowances, however, are statutory in nature. Good organizations, however, voluntarily pay more allowances over and above the statutory requirements. Although we make the distinction between the terms ...
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O’Reilly covers everything we've got, with content to help us build a world-class technology community, upgrade the capabilities and competencies of our teams, and improve overall team performance as well as their engagement.Julian F.
I wanted to learn C and C++, but it didn't click for me until I picked up an O'Reilly book. When I went on the O’Reilly platform, I was astonished to find all the books there, plus live events and sandboxes so you could play around with the technology.Addison B.
I’ve been on the O’Reilly platform for more than eight years. I use a couple of learning platforms, but I'm on O'Reilly more than anybody else. When you're there, you start learning. I'm never disappointed.Amir M.
I'm always learning. So when I got on to O'Reilly, I was like a kid in a candy store. There are playlists. There are answers. There's on-demand training. It's worth its weight in gold, in terms of what it allows me to do.