Type of compensation | Description |
Functional compensation | Involves the planning of positions and salaries. It is determined by the employee’s role and adjusted according to the market. |
Indirect salary | Concerns the benefits practiced by the company. |
Compensation for skills | Is based on skills certified by contributors. |
Compensation for competencies | Is based on the knowledge, skills and attitudes acquired and performed. |
Private pension plans | Consist of complements to the pensions. |
Variable remuneration | Is related to the target achievements of individuals, teams and organizations. |
Shareholding | Relates to the company’s profitability objectives. |
Creative alternatives | Include awards and other special forms of recognition. |