Direct Versus Indirect Compensation: Balancing Value and Cost in Total Compensation

Source: Vas Taras, Compensation Benefits Review, Vol. 44 no. 1, January/February 2012
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From the abstract:
The effect of compensation on employee performance, satisfaction and organizational commitment is hard to overstate. Designing an effective compensation structure may be a daunting task, in particular with respect of finding a balance between direct and indirect compensation. The paper discusses the challenges and offers best practices for incorporating non-monetary benefits in a compensation package.

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