tag:blogger.com,1999:blog-15178389.post8415890778739704570..comments2024-01-08T00:22:03.708-08:00Comments on Pay and Performance: The Compensation Blog: Change is PossibleFred Whittleseyhttp://www.blogger.com/profile/12862808814515434483noreply@blogger.comBlogger1125tag:blogger.com,1999:blog-15178389.post-84857859671597431042009-11-25T02:43:32.852-08:002009-11-25T02:43:32.852-08:00First of all
Compensation is a systematic approac...First of all <a href="http://www.accidentsdirect.com/compensation-claims.aspx" rel="nofollow"><br />Compensation</a> is a systematic approach provided to a worker in terms of the monetary value for the work performed by them.Again the compensation may be adjusted as per the companies needs, goals, etc..Compensation may also be used as a reward for exceptional job performance for examples bonuses, commissions, stock, profit sharing, gain sharing.The key to creating a good compensation package is balance. Most salespeople don’t want to be solely dependent upon either commissions or salary. Striking a balance between salary and commission is probably as much art as science, as it depends on your goals. A compensation package that emphasizes salary over commission will allow you to make greater demands on your salespeople and how they spend their time.doshimaitrihttps://www.blogger.com/profile/07881035594087173844noreply@blogger.com