Abstract:
Compensation is one the most important functions of human resource management (HRM). The present
study aimed at exploring differences between the public and private sector industrial enterprises of
Bangladesh with respect to overall status of compensation practices. Data collected from twenty six public
and thirty four private sector industrial enterprises show that the overall status of compensation practices of
the private sector industrial enterprises is significantly better than that of the public sector industrial
enterprises. Some implications are also offered for overall improvement of the compensation practices of
the public and private sector industrial enterprises of Bangladesh.
