Corporate Strategies to beat the Downturn: Cutting Slack and Layoffs
February 12, 2025
In recent years, the number of students with work experience has gone up in the business schools around the world. while the business schools in the US and Europe have always had work experience as a prerequisite for enrollment, Asian business schools have tended to take in more students fresh out of graduate courses. while […]
What if you could attract your competitor’s best employee for few extra bucks? Sounds easier than done! Attracting high-worth individuals from the competitors is not everyone’s cup of tea. Targeting them and finally hiring them is the test of your competencies experience, personal traits and brain application. This is where the strategic approach plays an […]
Perception and Optics Management are the New Normal We live in a media saturated 24/7 world where media management and perception management as well as optics are the only thing that matter. When Presidents and Prime Ministers of developed and developing nations as well as eminent business leaders and reputed celebrities engage in a never […]
Welcome to the talent economy! With the changing perception of organizations and increasing appreciation for talent, it won’t be wrong saying that we have transported into the talent economy. Though the shift has been taking place for many decades, the last decade, however, altered the scenario seemingly in the blink of the eye. The C-suite […]
Many management programs are offered by leading business schools that specialize in a particular nice or field of management. Prominent among these programs are the specialized courses offered in Systems, HR, and Finance. For instance, the business schools in Asia like the IIMs (Indian Institute of Management) and XLRI (Xavier Labor Relations Institute) along with […]
In the previous sections, we looked at the components of the compensation and how each is used to assess the relative importance of an employee as far as remuneration is concerned. In this article, we look at some of the factors that determine how much compensation is to be paid out to the employee by looking at the issue from the perspective of the employer. The subsequent article would take a look at how the employee can influence the compensation setting process with negotiation and bargaining.
From the perspective of the employer, the factors that affect compensation are:
Further, many start-ups give their employees ESOP’s or Employee Stock Option Plans wherein the employees can redeem their stocks after the lock-in period.
These are some of the factors that determine the compensation to be paid to the employee from the perspective of the employer. This is not an exhaustive list but an indicative one and as the module progresses, we shall be revisiting some of these factors along with adding additional information. The next article would talk about how employees can negotiate with the employer for better compensation and perks.
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