Monday, 28 May 2012

Web-based Compensation and Benefit System


Compensation and benefit was the important thing why the employee gives the organizational commitment. This compensation and benefit makes employee love to work at their company. It showed that the companies are taking care of their employee welfare. Welfare was the basic needs for human. According to Maslow Needs Theory, physiology is the main need for every human. The physiology need such as money, bonus, health and so on. Benefit in this chapter such as cash and non cash rewards. It includes health insurance, paid time off, pension, wellness program and so on. Meanwhile, compensation in this topic such as wages, salary, commission and so on. Using this compensation and benefit can attract more employees to work under any company. This also can increase the employee job satisfaction, productivity and many more. Besides that, compensation and benefit also can produce the good or quality employee. The quality employee can produce by giving the appropriate compensation and benefit. Then it will encourage to the employee to stay longer into the company and do not think to change their job to another company. For me, this compensation and benefit must been given to all employee even though the company not in good economically. This is because the employee work for money and their benefit, so the organization need to do or give something to make sure their employee can give full commitment while working. This is related to humanity. If the organization did not give any benefit and compensation to their employee, the company was not good in taking care of their employee welfare.

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