ORGNISATIONAL CHANGE AND DEVELOPMENT

COMPENSATION MANAGEMENT

Brand: Mehta Solutions

Product Code: BU040

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COMPENSATION MANAGEMENT SOLVED PAPERS AND GUESS

Product Details: BANGALORE UNIVERSITY COMPENSATION MANAGEMENT

Format: BOOK

Pub. Date: NEW EDITION APPLICABLE FOR Current EXAM

Publisher: MEHTA SOLUTIONS

Edition Description: 2018-19

RATING OF BOOK: EXCELLENT

ABOUT THE BOOK

FROM THE PUBLISHER

If you find yourself getting fed up and frustrated with other BANGALORE UNIVERSITY book solutions now mehta solutions brings top solutions for BANGALORE UNIVERSITY COMPENSATION MANAGEMENT REPORT book contains previous year solved papers plus faculty important questions and answers specially for BANGALORE UNIVERSITY .questions and answers are specially design specially for BANGALORE UNIVERSITY students .

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H.R. 6.6 COMPENSATION MANAGEMENT

OBJECTIVE:
The objective is to enable the students to understand the various aspects of Compensation Management
UNIT-1: JOB EVALUATION AND PERFORMANCE APPRAISAL
Job Evaluation - Definition - Traditional and New Techniques - Performance Appraisal -Basic concepts -
performance standard - Appraisal methods.
UNIT-2: COMPENSATION MANAGEMENT
Compensation - Definition - Classification - Types - Incentives - Fringe Benefits.
UNIT-3: WAGE AND SALARY ADMINISTRATION
Theories of wages - wage structure - wage fixation - wage payment - salary administration. Difference
between salary and wages - Basis for compensation fixation- Components of wages - Basic Wages -
Overtime Wages - Dearness Allowance - Basis for calculation - Time Rate Wages and Efficiency Based
Wages - Incentive Schemes - Individual Bonus Schemes, Group Bonus Schemes - Effect of various labour
laws on wages-Preparation of Pay Roll
UNIT- 4:REWARDS AND INCENTIVES
Rewards for Sales personnel - Pay - commission- Performance based pay system - incentives - executives
compensation plan and packages.
UNIT- 5: REGULATORY BODIES FOR COMPENSATION MANAGEMENT