Payroll Goals After that salaries also have a purpose. The following are the objectives of payroll Cooperation bond By providing salaries a formal cooperative bond is established between the employer and the employee. Employees must carry out their duties well while entrepreneurs or employers are obliged to pay salaries in accordance with the agreed agreement.
Job satisfaction With remuneration employees will be able to fulfill their bulk sms service in sri lanka physical social status and egoistic needs so as to obtain job satisfaction from their position. Effective procurement If the salary program is set large enough procuring qualified employees for the company will be easier. Motivation If the remuneration provided is large enough managers will easily motivate their subordinates.
Employee stability on fair and appropriate principles and competitive external consistency employee stability is more guaranteed because turnover is relatively small. Discipline By providing large enough remuneration employee discipline will improve. Employees will be aware of and comply with applicable regulations. Influence of trade unions With a good compensation program the influence of labor unions can be avoided and employees will concentrate on their work. Fill in the following form to get a free demo of the HRIS application today.