Compensation

Compensation

The simple act of receiving a paycheck for one’s job is the result of many complex processes involved in the art and science of compensation. Compensation systems are designed to comply with a large number of organizational objectives, including serving as an exchange for hourly labor, motivating behavior, and accomplishing social objectives such as covering

Social Compensation

Social Compensation Definition Social compensation refers to the phenomenon that individuals increase their effort on a collective task (compared with how hard they try when working individually) to compensate for the anticipated poor performance of other group members. People are more likely to compensate when they think their coworkers are not going to perform well

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