Respuesta :
Top management compensation cost is an example of option(b) i.e, facility sustaining costs in the cost hierarchy.
The appropriate salary and benefits for employees are decided upon by the compensation management discipline. It makes use of monetary and intangible benefits to hire new workers, reduce turnover, reward performance, and raise employee engagement. It is essential to talent management and keeping employees happy.
The four main categories of direct compensation are hourly, salaried, commission-based, and bonus-based. When asking about management compensation, the majority of consumers are most interested in hearing about direct compensation, particularly base pay and variable pay.
Compensation management is crucial for fostering employee motivation. Employees who feel appreciated for their accomplishments are more likely to be driven, committed, and high achievers than those who do not. There are many methods that management and the HR division can show appreciation.
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