Page 94 - Appreciating Organization's Biggest Assets

Compensation management of private secondary
schools in Pune city
Minal Gabhane

Commentary :
1) The study recommended considering to develop compensation
management strategies in paying structure, rewarding system and
incentive method should be developed for effective implementation to
ensure the improvement of performance and competitive advantage,
reducing employee turnover that will benefit both parties, employee
and employer.
2) The study also recommended to further comprehensive study,
the researchers should investigate the compensation management
strategies on improving employee performance.
3) This study would be an important academic source for principals
and HR professionals both public and private, and educational
institutions.

Introduction
During the last decade, the private
secondary schools in Pune has been
grown faster to respond to the
demands of the educational market.
At the meantime, the schools have
strengthened the human resource
management functions to the
effectiveness of managing their people.
Among the functions, recruitment and
selection, compensation management,
training and development,
performance management but most

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