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HR6.6 Compensation Management
7th July 2020
By
indiafreenotes
Unit 1 Job Evaluation and Performance Appraisal {Book}
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Job Evaluation
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Modern Technique of Job Design
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Job Design
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Factor affecting Job Design
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Performance Appraisal
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Performance Standards
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Methods of Performance Appraisal
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Unit 2 Compensation Management {Book}
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Compensation
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Types of Compensation
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Fringe Benefits
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Unit 3 Wage and Salary Administration {Book}
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Theories of Wages
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Wage Structure
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Wage Fixation
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Wage Payment
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Salary Administration
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Difference between Salary and Wages
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Basis for Compensation Fixation
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Components of wage: Basic Wages, D.A, incentives, Bonus, Fringe benefits etc.
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Time Rate Wages
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Efficiency Based Wages
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Incentive Scheme
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Effect of Various Labour Laws on Wages
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Preparation of Payroll
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Unit 4 Rewards and Incentives {Book}
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Rewards for Sales Personnel
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Sales Personnel Pay, Commission
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Performance based pay System
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Incentives
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Executive Compensation Plan and Packages
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Unit 5 Regulatory body for Compensation Management {Book}
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Wage Boards
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Pay Commission
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Compensation Management in Multinational Organizations
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