Compensation and Organizational Financial Performance

May 19th, 2015
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University of Kentucky
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Organizational 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.

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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

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