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- Compensation is important to employees because it can12:
- Attract top talent to the company
- Increase employee motivation
- Boost employee loyalty
- Increase productivity and profitability
- Increase job satisfaction so people stay
- Maintain employee loyalty to the company
- Increase workplace productivity
- Increase satisfaction with the employer and the workplace
- Foster a positive attitude toward everyone and everything at work
Learn more:âś•This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Importance of Compensation in the Workplace
- Attracting Top Talent People are always looking to put themselves in the best possible position financially. ...
smallbusiness.chron.com/importance-compensatio…6 Reasons Why Compensation Should Be Very Important To You As An Employee
- 1) Maintain your loyalty to the company Two-thirds (66%) of workers believe benefits have become a more essential element of how they evaluate their overall salary. ...
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