Influence of Compensation Samples for Students †MyAssignmenthelp.com

Question: Discuss about the Influence of Compensation and Benefits. Answer: The selected article is managing employee compensation and benefits for job satisfaction in libraries and information centres in Nigeria (Odunlade, 2012). The main question of the article is to identify the various benefits that are provided to the employees working in a library. Along with to ascertain that is there any other forms of compensation that academic librarians will need excluding the salary. The article also focuses to identify the other types of benefits that are being enjoyed by the counterparts of the organization but is not provided to the other staffs present in the organization. Throughout the article reading it will also throw light in the relationship between compensation, benefits and job satisfaction of the academic librarians. The intended audiences that the author is trying address by writing the article are the employees of the organization and mainly the supportive and non supportive staff of any of the university. The main focus is given on the librarian staffs that are eligible for the benefits and the compensation which are most of the time enjoyed by the counter staffs of the organization. He also wanted to reveal that there is a close relation between the benefits and compensation which together affect the satisfaction level of any employee. In the article it is mainly stated that compensation plays an important role to satisfy the employees or in other words to compensation can affect employee behavior. However it is invalid that not every time this factor is an essential because many a times the social environment, employee- executive relationship and the working condition also plays an important role to motivate the employees. In some cases, in spite of a good compensation but a lack of employee manager relationship can leave a negative impact over the employee and dissatisfy them. Yes, I agree with what the author of the article had ascertained and gave explanation that compensation contributes a crucial role in the retention and the employment of the librarians and further of a good salary and benefit to the academic librarians there is a still need of improvement in the system organizational compensation. There is a need to reframe the compensation policy by the library human resource specialist. There are many universities where there is need of a strict policy making because many of the staffs are denied by the benefits that are taken up by the counterparts. In any university the academic library is the supportive unit. I believe that an employees behavior can be affected by his or her compensation because it motivates the employees to work much better and to achieve his or her goals which can lead him to earn incentives. Compensation affects the employees performance positively such as it decreases the rate of absenteeism in them because they have motivation in them to achieve the target. It influences employee work attitude and behavior and provide them with a sense of satisfaction towards their job assigned. A good remuneration or reward makes an employee to produce quality and quantity work. It is also founded that there are many benefits that are not offered to the employees but if provided can lead to increase in higher productivity and happy internal clients. These benefits can be considered as social security and pension plans. References Odunlade, R. O. (2012). Managing employee compensation and benefits for job satisfaction in libraries and information centres in Nigeria.