Author(s) :

ANUSHIA.A.

Volume/Issue :

Abstract :

This study explores the compensation and benefits framework at Hollowbrane Membrane Technologies Pvt. Ltd., a company in the sewage water filtration sector. It examines both direct (salary, bonuses) and indirect (insurance, leave, retirement benefits) forms of compensation. Using surveys and statistical tools like chi-square, correlation, and regression, the study assesses employee perceptions of fairness, satisfaction, and alignment with responsibilities. Results show that transparent, performance-linked, and legally compliant compensation systems positively impact morale, retention, and organizational effectiveness. The findings offer actionable insights for companies aiming to align compensation strategies with employee needs and business goals.

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