--- title: How Compensation leads to Organizational Competitiveness description: Compensation can be said as the total of all the rewards provided to the employees in return of their services and hence the purpose is to retain, attract and motivate employees and it leads to intensity of an employee’s engagement and it leads to Organizational Competitiveness. image: https://blog.e-zest.com/hubfs/Compensation.png --- [![e-Zest logo\_An accion lab company\_Colour](https://blog.e-zest.com/hubfs/images/Logos%20with%20Tagline/Corporate/SVG/e-Zest%20logo_An%20accion%20lab%20company_Colour.svg "e-Zest logo_An accion lab company_Colour")](https://www.e-zest.com/) - [WORK](https://www.e-zest.com/our-work) - [SERVICES](https://www.e-zest.com/our-services) - [Product Engineering](https://www.e-zest.com/digital-product-engineering-services) - [Enterprise Data Services](https://www.e-zest.com/enterprise-data-services) - [Digital Commerce](https://www.e-zest.com/digital-commerce-services) - [Digital Operations](https://www.e-zest.com/digital-operations) - [Digital Consulting](https://www.e-zest.com/digital-transformation-consulting-services) - [Digital Experience Design](https://www.e-zest.com/digital-experience-design) - [INSIGHTS](https://blog.e-zest.com/) - [CAREERS](https://www.e-zest.com/careers) - [ENTERPRISE DATA SERVICES](https://www.e-zest.com/enterprise-data-services) - [GENERATIVE AI](https://www.e-zest.com/generative-ai) - [Healthcare](https://healthcare.e-zest.com) - [Contact Us](https://www.e-zest.com/contact-us) - ![Elevating Product Engineering with AI and ML](https://blog.e-zest.com/hubfs/Elevating%20Product%20Engineering%20with%20AI%20and%20ML.jpg) [BLOGS](https://blog.e-zest.com) #### Elevating Product Engineering with AI and ML As technology evolves and customer choices broaden, there is an increasing ... 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It has become standard in today's market to pay employees wages and benefits through a compensation package, so here emerging companies need to balance and maintain good compensation packages so as to acquire and have productive employees without incurring unsustainable cost. Compensation can be said as the total of all the rewards provided to the employees in return of their services and hence the purpose is to retain, attract and motivate employees and it leads to intensity of an employee’s engagement. Human resources (HR), in conjunction with the hiring manager, is tasked with this process. So any sort of compensation provided to the employees by the organization other than wages or salaries considered to be a motivating factor for them and thus it leads employees overall satisfaction and result in productivity. However, while planning for the best compensation strategies, organization must focus on its overall performance management practice of the individual employees. This goes like... ![Compensation.png](https://blog.e-zest.com/hs-fs/hubfs/Compensation.png?width=489&name=Compensation.png) Compensation therefore be both competitive and well-designed to meet the needs of the employee and hence ensure a healthy and competitive environment at workforce. - - - ### Similar Blog [![Blockchain for HR](https://blog.e-zest.com/hubfs/mariam-blockchain-for-hr-181009.png) Blockchain for HR In general, when we talk about blockchain, it is always associated with Bitcoin or any other cryptocurrency. Besides being the ... By Sakshi Koul Oct 10, 2018](https://blog.e-zest.com/blockchain-for-hr) [![Role of Big Data in driving effective Employee Engagement](https://blog.e-zest.com/hubfs/WhatsApp%20Image%202018-05-17%20at%2011.52.54%20PM.jpeg) Role of Big Data in driving effective Employee Engagement A significant number of HR professionals do not have a clear understanding of what big data is nor have much knowledge of its ... 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