A study on impact of compensation strategies on employee performance
No Thumbnail Available
Files
Date
2025
Authors
Journal Title
Journal ISSN
Volume Title
Publisher
NHCE
Abstract
In today's competitive business environment, organizations are increasingly recognizing compensation as a critical strategic tool that goes beyond mere cost management to become a driver of employee engagement, retention, and performance. The relationship between compensation strategies and employee performance has emerged as a pivotal area of study in human resource management, as companies strive to optimize their investment in human capital while achieving sustainable organizational growth.
This comprehensive research investigates the intricate relationship between compensation strategies and employee performance within the contemporary organizational framework. The study examines both monetary and non-monetary compensation elements, analysing their individual and collective impact on employee motivation, productivity, and overall organizational effectiveness. Through a systematic approach combining theoretical frameworks with empirical analysis, this research aims to provide actionable insights for HR practitioners and organizational leaders.