International Reward Systems
The concept of reward management does not simply refer to the payroll function. It covers the formulation and implementation of the strategies as well as …
Read MBA, BBA, B.COM Notes
The concept of reward management does not simply refer to the payroll function. It covers the formulation and implementation of the strategies as well as …
Supporting Teams 1. Support Your Team by Reviewing Work Frequently Don’t be a seagull manager, only meeting with your team when there is a crisis. Don’t …
Compensation Regulatory Compliance including Wage and Pay commission
Equal Remuneration Act, 1976, Objectives, Scope and Applicability, Provisions, Rights, Penalties
Other Allowances: Overtime, City Compensatory, Travelling etc.
Compensation: Method of pay and Allowances, Pay structure: Basic Pay, DA, HRA, Gross Pay, Take home pay etc. Incentive schemes
Methods of Managing Performance of all the Levels of Management
1) Identify key components of employee job descriptions – the critical points only. Focus on what characteristics and skills are absolutely essential to get the job …
Balance Scorecard (BSC), Idea Underlying BSC, Perspectives, Applications, Advantages and Limitations
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