fairness and healthy organization from work to compensation

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Fairness and Healthy organization Based on Effective Compensation System

Organization is …
OPEN SYSTEM
EVALUATION & FEEDBACK
DRIVEN BY VALUE : Fairness & Healthy

Roadmap STAR Process in Organization
Finance/Profit
Customers
VISION & STRATEGY
Internal Business Process
Learn and Growth
STRATEGIC TURN TO ACTION !

Become an EFFECTIVE … All The Way
VISION & STRATEGY
Effective Compensation System

Common Compensation ConceptDetermining Pay
Job Individual
Internal Value
External Value
Individual Performance
Job Value
Performance Rating
Pay

Objectives of an Effective Compensation System
1. Employee attraction, motivation and retention
2. Externally competitive
3. Equitable, fair and rewarding
4. Legal compliance
5. Cost-effective
6. Compatible with mission and culture

8 Steps in the Development of a Compensation System

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fairness and healthy organization from work to compensation

by Seta Wicaksana

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fairness and healthy organization from work to compensation Presentation Transcript