Impact of Compensation Management Software on Employees' Performanceby@ankush-mahajan
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1,144 reads

Impact of Compensation Management Software on Employees' Performance

by Ankush Mahajan3mDecember 8th, 2019
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A CBD oil company increases its employees' productivity by 25% after implementing the compensation management software. Compensation management software eases the task of retaining employees by providing continuous appreciation and consideration in the form of increment and incentives. An effective reward system improves the quality and quantity of work executed by the employees and aligns their performance with organizational objectives. A well-crafted compensation plan paves way for the company’s ultimate success and has a great impact on employees’ overall performance. An organization without the right compensation management system encounters an increase in employee disengagement and turnover by 15%-50%.

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Ankush Mahajan

Ankush Mahajan

@ankush-mahajan

A senior digital marketer and ecommerce marketing. analyst.

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Ankush Mahajan@ankush-mahajan
A senior digital marketer and ecommerce marketing. analyst.

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