Greening the Compensation Design and Management of the Human Resource Function

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Author(s): Tinuke Fapohunda (Lagos State University, Nigeria)
Copyright: 2022
Pages: 19
Source title: Research Anthology on Human Resource Practices for the Modern Workforce
Source Author(s)/Editor(s): Information Resources Management Association (USA)
DOI: 10.4018/978-1-6684-3873-2.ch022

Keywords: Business Science Reference / Human Resource Management / Human Resources Management / Knowledge Management and Library Science

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Abstract

There is a rising necessity for the incorporation of environmental management into human resource management (HRM) practices. This attempt is recognized as the Green HRM initiative. An organization's human resource function can be powerful in aiding an all-inclusive approach to building a culture of sustainability. The strategy entails executing transformations to the diverse functions of HR like determining employee compensation. Gaps continue to exist in the literature on the green aspects of compensation and reward systems. This chapter considers the environmental management features of the compensation and reward system and factors a mould of the procedures entailed in green compensation and reward system. it cores on examining green reward management systems practices from the standpoint of subsisting research in the area and proposes inventive process moulds in green reward management systems. The green reward management system is presented as a smart and superior method of reward management systems.

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Greening the Compensation Design and Management of the Human Resource Function

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