Book Chapters

Permanent URI for this collection https://rda.sliit.lk/handle/123456789/4200

The book chapters authored by SLIIT researchers are included in this collection. Access to full texts may be restricted depending on the access and licensing terms.

Browse

Filters

20251

Advanced Search

Filter by

Settings

Author: search.filters.author.Rajapakshe, WSubject: search.filters.subject.Compensation (personnel)

Search Results

Now showing 1 - 1 of 1
  • Thumbnail Image
    PublicationEmbargo
    Designing a Compensation Strategy
    (IGI Global, 2025-01-01) Rajapakshe, W
    This chapter provides a comprehensive analysis of compensation design as a strategic lever for organizational success. It examines strategic compensation planning, highlighting the alignment of pay systems with business objectives to motivate desired behaviors, enhance productivity, and support long- term goals. Factors affecting employee compensation—including internal equity, external competitiveness, performance, skills, experience, and market benchmarks—are explored to inform effective pay decisions. The chapter distinguishes job evaluation from performance appraisal, emphasizing its role in establishing fair, transparent pay structures. Key features and methods of job evaluation—ranking, classification, point- factor, and factor comparison—are discussed, offering practical guidance for designing compensation systems that attract and retain talent, reinforce performance, and sustain competitive advantage in evolving business environments.