Compensation Strategy and Employee Performance

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SUMMARY

The main aim of this study is to comprehensively review the connection between the compensation strategy and its impact on the employee’s performance (EP). Based on this research, it can be concluded from the review of literature that the compensation strategy is highly linked with employee performance (EP). Several studies revealed that compensation, allowances, fringe benefits, promotion, salary and wages are crucial to improve the employee’s performance. However, without these benefits, it can hinder the worker’s performance development and professional growth. Furthermore, the compensation strategy can also improve ensure the employee’s development and employee retention in the organization.

This study summarized the compensation strategy have a positive effect on employee performance in Seven-Up Bottling Company, Benin City, Edo, NIG.

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