A Study of Compensation and Rewards Practices in Small and Medium Sized Enterprises in Mysore and Bangalore Region
Abstract: Compensation is one of the most extrinsic practices of human resource function in an organization. The questionnaire was developed and measured by using a five point Likert scales ranging from strongly disagree to strongly agree. ANOVA and Chi-square tests were used to examine relationship and impact of compensation and rewards practices on organizational performance. The results revealed that there is a significant difference in the mean agreeability scores on financial and non-financial performances of small and medium sized enterprises. Also an association exists between those organizations who adopt formal compensation and rewards practices with financial and non-financial performances of small and medium sized enterprises.
Keywords: Compensation and Rewards practices, organizational performance, Small and Medium sized Enterprises SMEs
How to Cite?: Ravi K. S, Dr. Santosh Kumar A. N, "A Study of Compensation and Rewards Practices in Small and Medium Sized Enterprises in Mysore and Bangalore Region", Volume 4 Issue 8, August 2015, International Journal of Science and Research (IJSR), Pages: 95-97, https://www.ijsr.net/getabstract.php?paperid=SUB157243, DOI: https://dx.doi.org/10.21275/SUB157243