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Compensation refers to the payment or remuneration provided to someone in exchange for their services, efforts, or losses. It can take various forms such as salary, wages, bonuses, benefits, or any other form of reward or recompense for work performed or damages incurred.
Compensation, in a broader sense, encompasses all the rewards and benefits that an individual receives in exchange for their work or services. It includes not only monetary payments like salary or bonuses but also non-monetary benefits such as insurance, retirement plans, vacation days, and other perks provided by the employer.
Workers' compensation is a form of insurance providing wage replacement and medical benefits to employees injured in the course of employment. It protects both the employee and the employer by providing financial support and coverage for medical expenses and lost wages resulting from work-related injuries or illnesses.
Deferred compensation is a portion of an employee's pay that is set aside to be distributed at a later date, typically upon meeting certain conditions such as completion of a specified period of employment or achieving certain performance targets.
It allows employees to defer receiving a portion of their compensation until a later time, often for tax or retirement planning purposes.
The compensation of a salary refers to the monetary payment or wages that an employee receives from their employer in exchange for the work they perform.
It constitutes the fixed amount of money paid to an employee on a regular basis, typically on a monthly or bi-weekly schedule, as agreed upon in the terms of employment. This salary may also be supplemented by additional benefits and perks provided by the employer.
The different types of compensations are:
The different types of sales compensation plans are:
Il s'agit d'enquêtes courtes qui peuvent être envoyées fréquemment pour vérifier rapidement ce que vos employés pensent d'un sujet. L'enquête comprend moins de questions (pas plus de 10) afin d'obtenir rapidement des informations. Elles peuvent être administrées à intervalles réguliers (mensuels/hebdomadaires/trimestriels).
Organiser périodiquement des réunions d'une heure pour discuter de manière informelle avec chaque membre de l'équipe est un excellent moyen de se faire une idée précise de ce qui se passe avec eux. Comme il s'agit d'une conversation sûre et privée, elle vous permet d'obtenir de meilleurs détails sur un problème.
L'eNPS (employee Net Promoter score) est l'un des moyens les plus simples et les plus efficaces d'évaluer l'opinion de vos employés sur votre entreprise. Il comprend une question intrigante qui permet d'évaluer la loyauté. Voici un exemple de questions posées dans le cadre de l'eNPS Quelle est la probabilité que vous recommandiez notre entreprise à d'autres personnes ? Les employés répondent à l'enquête eNPS sur une échelle de 1 à 10, où 10 signifie qu'ils sont "très susceptibles" de recommander l'entreprise et 1 signifie qu'ils sont "très peu susceptibles" de la recommander.
The factors that influences the sales compensation design are:
The key principle of any effective compensation are:
The best practices in sales compensation design are:
