
Sustainable Human Resources Management: In Relation to Compensation and Benefits Management
Chapter from the book:
Arat,
M.
(ed.)
2025.
Sustainable Human Resources Management: Dynamics of New Age.
Synopsis
This section discusses the role of compensation management within the scope of sustainable human resources management. Thus, with sustainable compensation management, wages have moved beyond being merely a cost factor for businesses in today's world and have become an investment element. Fair and transparent compensation policies to be implemented within the framework of sustainable compensation management increase employee motivation and productivity, thereby reducing employee turnover rates and contributing to the long-term efficiency of businesses. At the same time, sustainable compensation management helps businesses accomplish an employer brand that is compatible with their ethical and social responsibility policies. Therefore, adopting a sustainability approach in compensation management has become a fundamental necessity for today's businesses. In this context, this section examines, with examples, how compensation management can be restructured with sustainability-based approaches, while also emphasizing that compensation management is a strategic area that will contribute to the long-term success of businesses.