Compensation Management
... All companies offer some type of compensation package which may effect how the person performs on the job. If the compensation package is something that the employee is interested in and likes they may be more inclined to produce at a higher level versus someone that does not like their package and thinks that is a waste of their time. ... Base pay is the fixed compensation paid to an employee for performing specific job responsibilities. ... Variable Pay is compensation that is contingent on discretion, performance or results. ... Some benefits in this category are, Enhanced Compensation Award in which companies that meet certain performance criteria may grant awards to employees who directly contribute to these performance successes.