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Compensation and Benefits

Compensation and Benefits

Q Discuss what type of compensation and benefits an organization could offer to engage, attract, recruit, and retain a diverse and strong workforce.

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There is a need for every organization to offer the required compensation and benefits to the employees as it is directly associated with the job performance of the employees. An organization can offer incentives, reward, tuition reimbursement, medical insurance, performance pay and other forms of benefits for supporting the employees and to retail a strong and diverse workforce in a proper manner. In this way, the employees will feel valued within the organization and they will perform better, which will be the advantage for the organization (Oladapo, 2014).