Strategies for Effective Employee Rewards and Compensation Management

Wasantha Rajapakshe

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Paperback

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English

Business Science Reference
08 October 2025

Personnel & human resources management; Organisational theory & behaviour; Working patterns & practices

Talent retention and employee satisfaction are critical to organizational success. Businesses must go beyond traditional pay structures to design strategies that balance financial incentives with recognition and meaningful benefits. By aligning compensation systems with organizational goals and market competitiveness, leaders can foster loyalty and boost productivity. Strategic approaches to rewards and compensation not only drive individual performance but also strengthen the overall resilience and success of the organization. Strategies for Effective Employee Rewards and Compensation Management explores the critical role of compensation management in attracting, retaining, and motivating employees while aligning with organizational goals. This book designs and implements effective compensation strategies. Covering topics such as management, business strategies, and employee retention, this book is an excellent resource for HR professionals, business leaders, educators, and policymakers.

Edited by: Wasantha Rajapakshe
Imprint: Business Science Reference
Country of Publication: United States
Dimensions: Height: 254mm, Width: 178mm,
ISBN: 9798337338217
Pages: 310
Publication Date: 08 October 2025
Audience: College/higher education , Professional and scholarly , Primary , Undergraduate
Format: Paperback
Publisher's Status: Active

Wasantha Rajapakshe is an Associate Professor at the Sri Lanka Institute of Information Technology (SLIIT) in the Department of Business Management. She worked in academics in a variety of roles before to enrolling at SLIIT. She was Head of the Department of Business Administration and Assistant Professor at Jubail University College in Saudi Arabia. She also held positions at St. Theresa International University in Thailand as an assistant professor and assistant vice- rector for academic affairs. She was also an adjunct professor at Troy University in the United States (Thailand Programme). She was employed by the University of Sri Jayawardenepura in Sri Lanka as a Senior Lecturer in Grade 1 in the Faculty of Management Studies & Commerce. She is experienced in teaching postgraduate and undergraduate management students. She has overseen PhD, MBA, and BBA students as a research supervisor at several domestic and international universities. She teaches graduate and undergraduate students at SLIIT in strategic management and human capital management (HCM). Her areas of expertise in research and teaching are organizational behavior and human capital management (HCM). She has researched the difficulties associated with public policy and the human elements of organizations.