Hr Report Essay
1 Introduction Employee compensation is define as all form of pay going to employees which arising from their employment and could be in the form of direct financial payments and indirect financial payment (Dessler, 2013, p. 378).
There are two basic ways to make direct financial payment to employees based on increments of time or based on performance. This concept of payment method is applied by Sime Darby Berhad. Normally, Non-executive employees mostly consist of Blue-collar, operation workers, and clerical workers are paid based on time-based pay method.
Non- Executive workers normally required to work overtime. This is due to cater with …show more content…
However, all executive including middle level management up to top level management of Sime Darby Berhad in general compensation is paid based on their performance but not based on how much time they spend in the office. Some of them have to travel abroad and domestic frequently for business purposes. The scopes of work for top executive are totally different from those we mentioned earlier. Top executive deal with corporate mission and vision which they need to accomplish within their term of employment. Their task and responsibilities very broad encompass organization performance as a whole. Therefore, overtime pay, commission, shift allowance, and other benefit which meant to compensate