The document discusses compensation management. It states that compensation refers to all financial returns and benefits employees receive as part of employment. Compensation management involves giving monetary and non-monetary rewards to employees in exchange for their work. Compensation balances employee and employer interests and is an important motivator for employees. Compensation serves to attract, reward, and retain top talent for organizations. Compensation can be financial, such as wages, salaries and bonuses, or non-financial, like satisfaction from the work itself.