Several factors influences renumeration payable to employees. they can be categorised into internal and external. Explain three factors each for internal and external factors.

Understanding Business
12th Edition
ISBN:9781259929434
Author:William Nickels
Publisher:William Nickels
Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment
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2. Several factors influences renumeration payable to employees. they can be categorised into internal and external. Explain three factors each for internal and external factors.


3. State and explain two examples for each of the following
a. compensation (pay) for individual performance
b. pay for team performance
 c. Pay for organisational performance

4. Differentiate between direct and indirect compensation and give examples each.

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