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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  | 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