A STUDY ON COMPENSATION BENEFITS IN DAIRY INDUSTRY: WITH REFERENCE TO SELECTED DAIRY UNITS IN ANDHRA PRADESH: A COMPARATIVE STUDY

The Present Scenario of Compensation Management as Tool for Improving Organizational Performance in the selected dairy units in Andhra Pradesh. Compensation can be linked to business structure and to employee recruitment, retention, motivation, performance, feedback and satisfaction. It is typically among the first things potential employees consider. For employees, compensation signifies not so much how they are paid, but how they are valued. The concept of social security is multidimensional in its form, and it has social, psychological, legal, ethical and political overtones, besides economic one. Social security is increasingly recognized as a dynamic concept which was wide! Influenced the social and economic policies of all the developed and the developing countries. Within the report, a lot of empirical information was collected, systematized and analyzed, the main part of which is Presented in this report.