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Compensation is a systematic approach to providing monetary value to employees in exchange for work performed. Compensation may achieve several purposes assisting in recruitment, job performance, and job satisfaction. An ideal compensation management system will significantly boost the performance of employees and create a more engaged workforce that’s willing to go to the extra mile for your organization. Such a system should be well – defined and uniform and should apply to all levels of the organization as a general system. The book will provide a clearer visibility into individual employee performance when it comes time to make critical compensation planning decisions. This present book can be boon to the students for understanding the basics of compensation management. Few case studies have been provided for greater insight to the students