compensationrelated
Compensation-related topics describe the design, administration, and evaluation of employee compensation and rewards. The term covers both monetary compensation—base pay, variable pay, overtime, and equity-based awards—and non-monetary rewards such as benefits, recognition programs, and work-life considerations. Organisations use compensation-related decisions to attract talent, motivate performance, and retain staff while pursuing alignment with strategic goals.
Scope and components include base pay or salary, variable pay (bonuses, commissions, profit sharing), benefits (health
Governance and strategy are influenced by internal equity (fairness among jobs and individuals) and external competitiveness
Administration and analytics involve payroll processing, governance, and transparency practices. Analytics apply data on salaries, rewards,
Trends and challenges reflect evolving practices such as total rewards, pay-for-performance, broader benefits, and greater pay