Compensation is the payment offered by an employer to an employee in exchange of the services received from him. Mostly compensation is monetary but it may include certain non monetary facilities such as housing, conveyance, insurance etc. Compensation is further divided into two general types: Direct and Indirect compensation. Direct compensation includes base wage, incentives, bonus, leave encashment etc. while indirect compensation is designed to provide additional benefits such as social security, health insurance etc and does not vary with performance. Designing a compensation plan that is satisfactory to all is a major challenge for the Human Resource Management ...
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We see these days restaurants like Chipotle and grocery stores claiming to serve non-genetically modified foods. Are we eating artificial food? Is that good for our bodies? Is that good for the food that is being modified? These questions raise awareness for people who are oblivious of what GMOs are and how they are affecting our daily lives. GMOs may be more common in our diets than we know. GMO stands for Genetically modified organism and is a term that stems from biotechnology. It is the alteration of the genetic code of an organism to either enhance its properties, ...
Introduction
The business environment has become so competitive, and companies are attempting to lure the limited customers to their services. Due to this limitation in the market share, it is critical for companies to devise effective marketing strategies that will help build a strong customer base and also retain the customers and the market share
History of Budget Air Travel
The revolution of budget flights began following the deregulation of the European domestic markets thus allowing the rise of several airline companies. Such deregulations allowed airlines to take routes of their convenience thus creating a culture of liberalization in the domestic travel markets across Europe. ...