Why Employee Compensation Is Important
In a company that deals with the production of cars as the product they need to have a team of production members who are fit to be able to carry the many parts of items that needed to be used by the car for it to function and move, this company needs to have a team of engineers who will be able assemble the car and have it operate fully as a product to be used by the company’s customer.
In time of a vacation, a company worker can plan to have some time to spend it with his family and some can decide to go visit places like the beach and have some time to relax of the company, this is done for the worker to be able to rest and relax while they enjoy their time with their family, this is meant to allow this company staff to have the motivation to work harder and be dedicated to the company because he now knows that this company employer care about his well-being and his family.
Their come a time when the staff in a company may be grieving because of a death that may have occurred in the family, a worker should be entitled to some time to go and grieve when it happens that they have gotten to the time when death has happened in their family it could look so insensitive for a worker to be going through a hard time with his family yet they are given the mandate to still report to work such situations can turn out to be not healthy for the staff and it will only be good if they go and have some time mourn their loved one then come back to work when they are ready.
When reaches a certain age they tend to not be as productive to the company as those time when they were younger, this is the time for them to go for a retirement, as a company most have been found to be good to their workers who choose to go for retirement and give them a some money as a payback for their service to the company and some go to further organize a payment plan for them when they are still working to have some of their salary be save for them to be able to be given to them when they have reached the retirement stage this is an important benefit for the old staff to still be able to get payment even in their old ages when they can no longer go to work.
Personal develop benefit is also important for staff worker this is a program meant for them to learn and develop their skills in their careers because this will help them learn the new methods that have come up with constant advancement of technology, when a staff is able to learn and grow his skill knowledge he will be able to be of greater importance to the company because through the skills that he has acquired he will be able to find better ways to be efficient in his work, this just to mean that he will be a better staff at work and faster ways to do his job
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