ResearchBib Share Your Research, Maximize Your Social Impacts
Sign for Notice Everyday Sign up >> Login

A Study of Compensation and Rewards Practices in Small and Medium Sized Enterprises in Mysore and Bangalore Region

Journal: International Journal of Science and Research (IJSR) (Vol.4, No. 8)

Publication Date:

Authors : ; ;

Page : 95-97

Keywords : Compensation and Rewards practices; organizational performance; Small and Medium sized Enterprises SMEs;

Source : Downloadexternal Find it from : Google Scholarexternal

Abstract

Compensation is one of the most extrinsic practices of human resource function in an organization. The questionnaire was developed and measured by using a five point Likert scales ranging from strongly disagree to strongly agree. ANOVA and Chi-square tests were used to examine relationship and impact of compensation and rewards practices on organizational performance. The results revealed that there is a significant difference in the mean agreeability scores on financial and non-financial performances of small and medium sized enterprises. Also an association exists between those organizations who adopt formal compensation and rewards practices with financial and non-financial performances of small and medium sized enterprises.

Last modified: 2021-06-30 21:52:09