Compensation Management Practices and Employees Satisfaction of Little Group of Companies

Abstract

Little group is one of the leading yarn manufacturers in Bangladesh. This report is made on the basis of their compensation management system and employee satisfaction related to that system. All the information of this report is collected through questioner from the employees of the organization. This report is contained with an introduction where different theories of compensation management are discussed which gives an idea about why compensation is important for an organization to motivate its employees. In this report compensation policies and practices of little group is identified and discuss broadly. This report shows individual employee’s decision on the compensation structure and also the loopholes where the organization can improve themselves. It also gives an idea about employee’s perception about the organizations. This report also consists of my point of view in the recommendation and conclusions, which will be helpful for the improvement of the organization compensation practices.