Performance and Compensation Management Bangalore City University BBA SEP 2024-25 5th Semester Notes

Unit 1
Performance Management, Definitions, Importance VIEW
Purpose of Performance Management VIEW
Principles and Dimensions of Performance Management VIEW
Evolution of Performance Management VIEW
Employee Engagement and Performance Management VIEW
Performance Appraisal Methods: Traditional Methods and Modern Methods VIEW
Performance Appraisal Feedback: Roles, Types, Principles, Levels of Performance Feedback VIEW
Ethics in Performance Appraisal VIEW
Unit 2
Meaning of Teams, Importance of Team Performance in the Organization VIEW
Team Objectives and Individual Objectives VIEW
Types of Teams: Problem-Solving Teams, Cross-Functional Teams, Virtual Teams VIEW
Factors affecting Team Performance VIEW
Context, Composition, Process, Strategies for effective Team Building VIEW
Unit 3
Compensation, Definition, Types, Wages, Salary, Benefits, DA, Consolidated Pay VIEW
Equity-based programs, Commission, Reward, Remuneration, Bonus, Short term and Long-term Incentives, Social Security, Retirement Plan, VIEW
Pension Plans VIEW
Profit Sharing Plan VIEW
Stock Bonus Plan VIEW
ESOP VIEW
Employer Benefits and Employer Costs for ESOP VIEW
Compensation Management, Meaning VIEW
Dimensions of Compensation Management VIEW
3P Concept in Compensation Management VIEW
Compensation as Retention Strategy VIEW
Compensation Issues VIEW
Factors affecting Compensation Management VIEW
Compensation Policies VIEW
Unit 4  
Job Evaluation, Definition, Process VIEW
Methods: Non-Analytical Methods, Ranking methods, Job Grading Method VIEW
Analytical Job Evaluation Method VIEW
Point-Ranking Method VIEW
Factor Comparison Method VIEW
Factor Evaluation System (FES), Using FES to Determine Job Worth VIEW
Unit 5  
Theories of Wages VIEW
Wage Structure, Wage Fixation, Wage Payment, Salary Administration VIEW
Difference between Salary and Wages VIEW
Basis for Compensation Fixation VIEW
Components of Wages, Basic Wages, Overtime Wages, Dearness Allowance, Basis for Calculation VIEW
Time Rate Wages and Efficiency Based Wages VIEW
Incentive Schemes VIEW
Individual Bonus Schemes VIEW
Group Bonus Schemes VIEW
Preparation of Pay Roll VIEW
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