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Compensation & Benefits Review is a bimonthly peer-reviewed academic journal that covers in the field of labor relations. The editor-in-chief is Phillip Bryant (Columbus State University). It was established in 1969 and is currently published by SAGE Publications.
Compensation and benefits refer to remuneration to employees from employers. Which is the payments or rewards provided to an individual for the work that has been completed. Compensation is the direct monetary payment received for work performed, commonly known as wages. This is the compensation that employees earn for their work or ...
The Department of Labor's Benefits Review Board was created in 1972, by the United States Congress, to review and issue decisions on appeals of workers’ compensation claims arising under the Longshore and Harbor Workers’ Compensation Act and the Black Lung Benefits amendments to the Federal Coal Mine Health and Safety Act of 1969.
The Bureau of Labor Statistics, [4] like the International Accounting Standards Board, [5] defines employee benefits as forms of indirect expenses. Managers tend to view compensation and benefits in terms of their ability to attract and retain employees, as well as in terms of their ability to motivate them.
Compensation can be fixed and/or variable, and is often both. Variable pay is based on the performance of the employee. Commissions, incentives, and bonuses are forms of variable pay. [2] Benefits can also be divided into company-paid and employee-paid. Some, such as holiday pay, vacation pay, etc., are usually paid for by the firm. Others are ...
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