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Andrew Bortz
on Oct 21, 2024

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Base compensation can assist the organization by making it a more desirable place of employment, attracting the right people for the right jobs, and retaining qualified employees.

Base Compensation

The initial salary or wage that an employee receives from an employer, not including bonuses, benefits, or any additional compensation.

Desirable Place

An area or location that is preferred by people for living, working, or recreation due to its favorable qualities and attributes.

  • Grasp the impact of compensation and benefits strategies on attracting, retaining, and motivating employees.
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Sadman SakibOct 22, 2024
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