|
UNIT
I |
COMPENSATION -
BASIC CONCEPTS AND CONTEXT AND JOB EVALUATION SYSTEM |
12 |
|
Wage Concepts and Definition of
Wages under Various Legislations - Role of Compensation and Rewards in
Organization - Theories of Wages - Economic and Behavioural Issues in Wage
Determination - Components of Wage Payment - Choosing a job Evaluation System - Implementation and Problems in Implementing Job Evaluation Programme -
Scheme of Job Evolution for -Plant Personnel-Office Personnel - Technical and
professional personnel |
|
UNIT
II |
LEGISLATIVE
FRAMEWORK FOR WAGES AND SALARY ADMINISTRATION |
12 |
|
Norms for Wage Determination -
Removing Wage Disparities - Wage Fixation through Adjudication and Wage
Boards - Laws Relating to Payment of Wages and Minimum Wages - Setting up of
Wage Boards and Pay Commission |
|
UNIT
III |
COMPENSATING
EMPLOYEES AND COMPENSATION STRUCTURE AND WAGE DIFFERENTIALS |
12 |
|
Compensating Workers/Operators - Compensating Executive/Managerial Personnel -Compensating Flexible
Workforce/Contingent Employees -Compensating Professionals - Removing Wage
Disparities - Pay Packet Composition - Wage Survey - Building Pay Structures |
|
UNIT
IV |
REWARD
SYSTEM, INCENTIVES AND PAY RESTRUCTURING |
12 |
|
Design of Performance Linked
Reward System - Bonus, Profit Sharing and Stock Options - Incentive Pay -
Reorganizing the Wage Structure in a Company - Fringe Benefits |
|
UNIT
V |
TRENDS
IN COMPENSATION MANAGEMENT |
12 |
|
Building Internally Consistent Compensation System -
Strategic Compensation as a Component of HR System - Building Pay Structures
that Recognize Individual Contributions - Building Market - Competitive
Compensation System - International Compensation
TOTAL: 60 |
|
TEXT BOOKS: |
|
Sl.No. |
Author(s) |
Title of the
Book |
Publisher |
Year of
Publication |
|
1 |
Tripathi P C |
Personnel Management and
Industrial Relations |
Sultan Chand and
Sons, New Delhi |
2003 |
|
2 |
Prasad L M |
Human Resource Management |
Sultan Chand and
Sons, New
Delhi |
2001 |
|
REFERENCE BOOKS: |
|
Sl.No. |
Author(s) |
Title of the
Book |
|
1 |
David.W.Belcher |
Wages and Salary Administration |
|
2 |
Suri G K |
Wage Incentives - Theory and Practice |
|
3 |
Elizabath Lanhen |
Administration of Wages and Salaries |
|
4 |
Pramod Verma |
Wage Determination - Concepts and Cases |
|
5 |
Richer.I.Hinderson |
Compensation Management -
Rewarding, Performance
in the Modern
Organization |
|
6 |
Morris |
Principles and Practice of Job Evaluation |
|
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