Compensation is an important aspect not only to attract and motivate the employees but also to retain them. This book helps in understanding the various concepts of compensation management, facilitates the creation of suitable salary structure and introduction of technology in the payroll processing. The book is aimed to cohesively represent the past,
present and future of compensation management."Strategic Compensation Management & Design" is an effort to present theory and the practices of compensation and benefits in a comprehensive manner to the students and professionals dealing with compensation and benefits. Each chapter includes the theoretical concept, the examples to explain the concept in a lucid manner and culminating with the "Corporate Trivia" detailing the real life industry examples.