Compensation

2. a deal for an indefinite time between the employer and the employee
3. the managers of the organization responsible for strategic decision making
4. this theory suggests that there is a higher level of employee motivation in cases when increased reward is given for performance
5. a contract between the employer and the employee for five days a week
9. something, such as money, given or received as payment or reparation, as for a service or loss
10. it represent indirect and non-cash compensation paid to an employee
11. the owners of the organization

1. also called base pay, it is the reward system based on the number of (fixed) working hours per week or per month
2. a contract between the employer and the employee for less than five days a week
6. a deal for a fixed time between the employer and the employee
7. this theory proposes that people's attitudes and behaviour are affected by their assessment of their work contributions(inputs) and the rewards they receive(outputs)
8. the reward system based on the employee outcomes or job performance