Importance of People and Compensation Management aligned to the Organizational Strategic Objectives.

Authors

Abstract

This essay aims to denote the relevance of a compensation system, when it and its subsystems are aligned with the objectives and strategy of the organization in terms of human resources, considering the different areas or industries where they work. The concepts of monetary and non-monetary compensation, incentives and the four functions of a compensation system for an organization will also be reviewed from theory.

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Author Biography

  • Diego Durán Toledo, Universidad Autónoma de Chile

    Magíster en Gobierno y Gerencia Pública, Administrador Público y Licenciado en Ciencias Políticas y Gubernamentales de la Universidad de Chile. Académico e Investigador de la Facultad de Ciencias Sociales de la Universidad Autónoma de Chile.

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Published

2020-12-01

Issue

Vol. 13 No. 39 (2020): August - November

Section

People Management

How to Cite

Importance of People and Compensation Management aligned to the Organizational Strategic Objectives. (2020). People and Technology Management Journal, 13(39), 11. https://revistas.usach.cl/ojs/index.php/revistagpt/article/view/4705