Contingent workers are assuming a greater role in today’s organization. With that as a background, discuss compensation and benefit issues associated with the following workers: part-time, temporary, independent workers, and flexible/telecommuting.
In this competitive environment it is very essential to avoid the employee turnover, and focus on the retention of the employees. As any organization train and develop the employees according to their needs, and spend time, money and resources for their growth. The company provides the employees with good compensation packages and rewards for the same. The employee retention has become one of the prime issues in today’s time, as the competition has increased tremendously. Such a program provides a sense of belongingness in the employees and they are more eager to work for such an organization. Motivation is the key strategy of human resource department and the quality of life benefits provide them will extra perks to work for the benefit of the organization.Flextime provides the employees with flexible time of performing his duties; such a benefit helps him to deliver his full potential according to his own chosen time. Independence provides a sense of responsibility as well as freedom to express.And the telecommuting facility provides not only benefit to the employee but also to the employer as easy tracking of the employee can be done on records.
HYPERLINK “https://www.google.co.in/search?hl=en&sa=X&noj=1&prmdo=1&biw=1366&bih=629&tbm=bks&tbm=bks&q=inauthor:%22Cascio%22&ei=VWfIT6rmEM-GrAeKm_ynDg&ved=0CEIQ9Ag”Cascio, 2010, Managing Human Resources.