Journal 3 Essay Example | Topics and Well Written Essays - 250 words - 7

Journal 3 - Essay ExampleThe diligence of this policy succors to motivate employees to observe higher goals (Blazey, 2013). Effective retention system is also part of compensation policy in organization. This strategy helps employees to remain committed on the organization to build successful cargoner. Benefits policy can also help organization to deplume best employees for the organization. Some of the necessary benefits plans of organization are to focus on employee needs, addition employee satisfaction and motivate existing employees by keeping them healthy (Henderson, 2002). Some of the benefits provided by organization are retirement benefit, insurance policy, sick leave, income protection on disability, vacation leave and substitute work engagements.The application of compensation and benefits can help organization to increase revenue which can lead to effective customer service interaction and high productivity. The successful compensation and benefit plan can help to a ttract competent employees and maintain sustainability in the competitive