Compensation and organizational financial performance

May 11th, 2015
Studypool Tutor
Strayer University
Price: $5 USD

Tutor description

How is compensation related to an organization's financial performance? How could compensation be affected if an organization is underperforming financially? How could compensation be affected if an organization is overperforming financially?

Word Count: 390
Showing Page: 1/4
Compensation and Organizational Financial PerformanceRelation between Compensations and Organizational Financial PerformanceOrganizational employee compensations are incentives and increments in the form of increased wages, salaries, project based commissions and bonuses as a reaction to positive employee contributions in organizational functions. Compensations are the prime tool of motivating workers to yield a better targeted performance. Compensations and financial performance of the organization is directly interlinked with each other. Bonuses and incentives motivate employees to work harder to gain more profits and enhance financial performance of the organization. Motivated worker at all levels works effectively changing financial course of the organization but this compensation program might be affected directly by organizational financial performance [Carter McNamara (2014)].Effects of Financial Performance on CompensationsAny over performing organization leads to generating greater profits, money and better output from its functionality which impacts the organizational direction towards development as well as personal lives of the employees. A better per

Review from student

Studypool Student
" all I can say is wow very fast work, great work thanks "
Ask your homework questions. Receive quality answers!

Type your question here (or upload an image)

1819 tutors are online

Brown University





1271 Tutors

California Institute of Technology




2131 Tutors

Carnegie Mellon University




982 Tutors

Columbia University





1256 Tutors

Dartmouth University





2113 Tutors

Emory University





2279 Tutors

Harvard University





599 Tutors

Massachusetts Institute of Technology



2319 Tutors

New York University





1645 Tutors

Notre Dam University





1911 Tutors

Oklahoma University





2122 Tutors

Pennsylvania State University





932 Tutors

Princeton University





1211 Tutors

Stanford University





983 Tutors

University of California





1282 Tutors

Oxford University





123 Tutors

Yale University





2325 Tutors