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Table of Contents:

Chapter 1: Introduction
1.1 Background of the Study
1.2 Statement of the Problem
1.3 Objectives of the Study
1.4 Research Questions
1.5 Significance of the Study
1.6 Scope of the Study
1.7 Limitations of the Study

Chapter 2: Literature Review
2.1 Theoretical Framework
2.2 Conceptual Framework
2.3 The Role of Compensation Management
2.4 Employee Retention Strategies
2.5 Relationship between Compensation Management and Employee Retention

Chapter 3: Research Methodology
3.1 Research Design
3.2 Data Collection Methods
3.3 Sampling Techniques
3.4 Data Analysis Techniques

Chapter 4: Discussion of Findings
4.1 Analysis and Interpretation of Data
4.2 Comparison with Previous Studies
4.3 Implications for Practice
4.4 Recommendations for Future Research

Chapter 5: Conclusion and Summary
5.1 Summary of Findings
5.2 Conclusion
5.3 Managerial Implications
5.4 Contributions to Knowledge

Overview:

Role of compensation management in employee retention

Employee retention is a critical issue for organizations as they strive to maintain a talented and skilled workforce. One key factor that influences employee retention is compensation management. Compensation management refers to the strategies and practices implemented by organizations to ensure that employees are fairly and adequately compensated for their work.

This brief overview will explore the role of compensation management in employee retention. It will examine how compensation management affects employee satisfaction, motivation, and loyalty, and ultimately influences their decision to stay with an organization. The overview will also discuss the various compensation strategies and practices that organizations can implement to enhance employee retention rates.

Through a comprehensive literature review and research methodology, this study aims to provide insights into the relationship between compensation management and employee retention. The findings and discussions will offer practical recommendations for organizations to improve their compensation management practices and effectively retain their valuable employees.

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