In today’s ever-evolving business landscape, many organizations operate under various compensation structures, one of which is uncapped…
compensation structure
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A **compensation structure** refers to the organized system or framework a company uses to determine how employees are paid. This includes salary, wages, bonuses, incentives, benefits, and other forms of remuneration. A well-designed compensation structure aligns with the company’s goals, industry standards, and employee performance, helping to attract, motivate, and retain talent while ensuring fairness and competitiveness in the job market.