THE EXAMINATION OF COMPENSATION AND EMPLOYEE ENGAGEMENT WITHIN MULTINATIONAL CORPORATIONS: INSIGHTS DRAWN FROM ORGANIZATIONAL THEORY

The examination of the compensation and employee engagement in the context of hrm planning processes constitutes a comprehensive analysis aimed at identifying potential research directions based on literature review and qualitative methodologies. This research aims to explore the concrete effects of managerial decision-making processes, with a specific focus on their impact on employee compensation and engagement. Furthermore, it intends to uncover significant themes associated with the planning of employee compensation, as well as employee engagement and performance on an international level, which may provide a basis for future research endeavors. The findings from the comprehensive examination of the inductive case study on human resource practices highlight the crucial role of compensation, which includes monetary incentives such as wages, salaries, bonuses, commissions, paid time off, and a range of additional rewards. Conversely, benefits are categorized as non-monetary incentives, encompassing offerings like health insurance, retirement plans, employee assistance programs, and other advantages that differ based on organizational policies. The challenges identified point to a significant concern regarding compensation, as it has a profound impact on both employee engagement and overall organizational performance. Organizations can foster a more committed workforce that is equipped to address challenges and promote innovation by providing essential resources, support, and autonomy. The elements of employee compensation, encompassing both financial and non-financial components, are vital in enhancing employee engagement and achieving the objectives of the organization.