Asked by OLUSEGUN ADELEKE on Jun 18, 2024

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Briefly explain the purpose of the behavioural framework for compensation.

Behavioural Framework

refers to models and theories that explain or predict human actions based on individual behaviors and environmental factors.

Compensation

The total of all rewards provided by an employer to employees in return for their services, including salary, bonuses, and benefits.

  • Evaluate the impact of incentives on employee actions and identify any issues that may arise.
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Vitor CamargoJun 24, 2024
Final Answer :
Rewards have a powerful effect on behaviour.It is crucial to understand what specific attitudes and behaviours are needed by your organization and the role that the reward system can play in producing these behaviours.The behavioural framework can be used as a conceptual tool to help us understand the process through which compensation affects employee behaviour.Knowing the behaviour that various compensation plans will likely produce will help us to design the compensation system most likely to produce the behaviour that we want.