Remuneration System in a chosen Firm

This diploma thesis analyzes the system of remuneration in a chosen company. It focused on the incentives for desired performance, the merit pay and employee benefits. The theoretical part is mainly focused on the forms of reward and motivation. The practical part, based on the theoretical knowledge, analyzes the current state of pay in a chosen company. Finally, it analyzed the pay system compared with the theoretical findings and results of the survey. Following such recommendations are proposed, which should help to improve the current system of remuneration