INTRODUCTION ESC is a softw are and service social fiat founded in 1984. We exceedingly value trust, respect and open conference for individual differences. The companys strategy is to create a large and divers(a) organization through a combination of strategical acquisitions and managed growth. Providing hail compensation benefit package for you and your family is an important atom of our shipment to you. ESC provides and maintains safe working conditions by taking uttermost(prenominal) precautions to foster its employees, environment and general public. ESC provides all proficient while employees with grouping health benefit plan. We also offer employees redundant benefits much(prenominal) as reenforcements program, leaves of absence, GRRSP, STD/LTD plan, education reimbursement, etc. The details will be discussed in the following sections. COMPENSATION, EXTRINSIC AND INTRINSIC REWARDS Compensation is a term that refers to the financial rewards given t o an employee in exchange for working. Anything that employee finds descry from employment may be considered as a gradation of compensation (Employee Benefit Plans, 2010, p. 1-3). It divided into cardinal categories: extrinsic and intrinsic. two have been applied to our companys compensation package. impertinent Rewards can be financially measured such as cash, benefits and services.
ESC believes that employees should be rewarded in direct relation to their contribution toward winner o f the company. We recognize and reward employees telecommunicate circuit performance and goal achievement through honorarium inc rease, premium program, sales commission a! nd Stock option. Some of the reward policies are listed below: Salary Policy ESCs remuneration policies are designed to recognize the level of skill, responsibility and frolic requirement. In wander to motivate and retain employees, our salary should be internal right and external competitive Sale Commissions Our sales professionals are eligible to know sales commission found on the volume of the sales. Quota...If you motive to get a full essay, order it on our website: OrderCustomPaper.com
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