International Journal of Science and Research (IJSR)

International Journal of Science and Research (IJSR)
Call for Papers | Fully Refereed | Open Access | Double Blind Peer Reviewed

ISSN: 2319-7064


Downloads: 141 | Views: 242

Research Paper | Management | India | Volume 4 Issue 8, August 2015


A Study of Compensation and Rewards Practices in Small and Medium Sized Enterprises in Mysore and Bangalore Region

Ravi K. S [3] | Dr. Santosh Kumar A. N


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


Edition: Volume 4 Issue 8, August 2015,


Pages: 95 - 97


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