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remuneration and benefits** Administration of remuneration - Coggle Diagram
remuneration and benefits** Administration of remuneration
The retribution
Organizations are created to give and receive benefits to satisfy needs or desires.
performance pay
Traditionally, staff compensation has been based on aspects such as seniority.
minimum salary
todo trabajador tiene derecho a percibir un salario mínimo que supla las necesidades básicas de su hogar.
labor administration
who works in an organization of the remuneration system
Design of a remuneration system
There is no doubt that an employee's salary determines his purchasing power.
Types of remuneration
By production volume
There are two bases on which compensation is paid to employees.
Remuneration direct remuneration
Salary
according to the panama labor code, salary is the remuneration that the employer must pay the worker.
deductions
Every worker has the right to freely dispose of his salary.
benefit programs
It is paramount that indirect compensation programs make a contribution to the organization.
Social benefits
The benefits and social services plans are intended to help employment in three areas of your life.
indirect compensation