The Impact of Income on Performance within a Company Empirical Validation of the Case of SAIDAL Pharmaceutical Group- Algeria

Abstract

The design and implementation of a fair and equitable compensation policy within the company is a complex issue. For the employee, remuneration is a means that allows him to earn a salary for the work done, but for the head of the company, it represents a management tool that allows him to get the employee involved in the success of the company. Hence, the objective of the present research is to examine the implications of this policy on skills development and also on the performance of employees. To understand the conditions for setting up an effective compensation system, which motivates and makes employees more competent, a case study was conducted in SAIDAL Group (Algeria). The results obtained show that an effective remuneration policy allows any organization to achieve its yield and performance, and therefore to be in a competitive position.

Keywords: Compensation; Competency; Performance; Salary; Employee; Human resources