COMPENSATION MANAGEMENT
COMPENSATION MANAGEMENT

Author: Dr. Pradip Kumar Das, Dr. Madan Chhetri & Ms. Roshni Tamang

Publisher: Ashok Yakkaldevi

Published: 2021-08-26

Total Pages: 171

ISBN-13: 1304730247

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Introduction The question of what is compensation is important to both the employer and employee and is important to be answered in their relationship. Compensation is the total cash and non-cash payment that is exchanged between employee and organization for the work done by the employee for the organization. Compensation is more than an employee’s regular paid wages. It mainly include base pay, sales commission, overtime wages, bonus pay, recognition or merit pay, benefits (insurances, standard, vacation policy, retirement, stock option, other non- cash benefits). The compensation helps in motivating employees and ensuring that they are committed in achieving the company goals. The level of compensation offered is dependent on a number of factors, including salaries paid by similar companies for similar roles, the employee’s skill set and productivity and projected financial strength of the company. There are numerous ways to decide the appropriate compensation of an employee.

Compensation Management
Compensation Management

Author: Dipak Kumar Bhattacharyya

Publisher: OUP India

Published: 2009-04-30

Total Pages: 0

ISBN-13: 9780195698374

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Compensation Management is a comprehensive textbook designed to meet the requirements of MBA/PGDM students. Written in a student friendly style, it focusses on the strategic importance of compensation and its effective management. The text is developed through original research by the author, and focusses on industry application through case studies on practices followed by organizations worldwide.

Compensation Management
Compensation Management

Author: R. C. Sharma

Publisher: SAGE Publications Pvt. Limited

Published: 2019-12-15

Total Pages: 0

ISBN-13: 9789353286286

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Compensation Management presents a comprehensive account of the intricacies related to compensation and reward management in Indian organizations—a vital strategic feature of HR management. The book covers fundamental concepts of the subject along with the approaches, tools, techniques and allied issues. Starting with conceptual framework, it discusses wage determination and wage fixation practices in India, salary reviews and reward management policies, and processes and procedures, in addition to international remuneration with special reference to expatriates and the remuneration of third country nationals. It blends theoretical concepts with real-life practices followed in the corporate sector, with a focus on Indian organizations. This book would be helpful to students of human resource management, business economics, public administration, social work and other allied fields. Key Features: • Covers the role of art and science of compensation management in raising the competitive edge of organizations • Focuses on recent policy developments, contemporary industry-wide changes and probable strategies for issues discussed • Key pedagogical features, including contemporary case studies and activities

COMPENSATION MANAGEMENT: Rewarding Performance
COMPENSATION MANAGEMENT: Rewarding Performance

Author: S.S. UPADHYAY

Publisher: Global India Publications

Published: 2009-12

Total Pages: 328

ISBN-13: 9789380228389

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This book outlines a new way of looking at rewards-a holistic approach that uses measurement to determine what an organization actually valuses (in terms of skills, knowledge, experience and behaviors).Further it analyzes the impact of the braod spectrum of reward programs (pay benefits and carrers) on human capital and, in turn, on an organization's profitability.It discusses variable pay programmes, competency models to employee reward, talent management for business optimization, compenation in Not-For-Profit Organizations, designing the annual management incentive plan etc.

Compensation and Benefit Design
Compensation and Benefit Design

Author: Bashker D. Biswas

Publisher: FT Press

Published: 2012-12-07

Total Pages: 458

ISBN-13: 0133064859

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In Compensation and Benefit Design, Bashker D. Biswas shows exactly how to bring financial rigor to crucial "people" decisions associated with compensation and benefit program development. This comprehensive book begins by introducing a valuable Human Resource Life Cycle Model for considering compensation and benefit programs. Biswas thoroughly addresses the acquisition component of compensation, as well as issues related to general compensation, equity compensation, and pension accounting. He assesses the full financial impact of executive compensation programs and employee benefit plans, and discusses the unique issues associated with international HR systems and programs. This book contains a full chapter on HR key indicator reporting, and concludes with detailed coverage of trends in human resource accounting, and the deepening linkages between financial and HR planning. Replete with both full and "mini" case examples throughout, this book will be valuable to a wide spectrum of HR and financial professionals, with titles including compensation and benefits analysts, managers, directors, and consultants; HR specialists, accounting specialists, financial analysts, total rewards directors, controller, finance director, benefits actuaries, executive compensation consultants, corporate regulators, and labor attorneys. It also contains chapter-ending exercises and problems for use by students in HR and finance programs.

Strategic Compensation
Strategic Compensation

Author: Joseph J. Martocchio

Publisher: Pearson Higher Ed

Published: 2014-07-23

Total Pages: 408

ISBN-13: 0133457222

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For graduate and undergraduate courses in compensation, staffing, and human resources. The art and science of compensation practice. Strategic Compensation: A Human Resource Management Approach illustrates the art and science of compensation practice and its role in promoting a company’s competitive advantage. MyManagementLab for Strategic Compensation is a total learning package. MyManagementLab is an online homework, tutorial, and assessment program that truly engages students in learning. It helps students better prepare for class, quizzes, and exams—resulting in better performance in the course—and provides educators a dynamic set of tools for gauging individual and class progress. This program will provide a better teaching and learning experience—for you and your students. Here’s how: Improve Results with MyManagementLab: MyManagementLab delivers proven results in helping students succeed and provides engaging experiences that personalize learning. A flexible format: Cover topics based on your semester schedule. Real-world topics that are relevant to all business majors: Numerous cases and interesting, engaging material will apply and appeal to all business students regardless of their major. Note: You are purchasing a standalone product; MyManagementLab does not come packaged with this content. If you would like to purchase both the physical text and MyManagementLab search for ISBN-10: 0133802027/ISBN-13: 9780133802023. That package includes ISBN-10: 0133457109/ISBN-13: 9780133457100 and ISBN-10: 0133486680/ISBN-13: 9780133486681. MyManagementLab is not a self-paced technology and should only be purchased when required by an instructor.

PERFORMANCE APPRAISAL AND COMPENSATION MANAGEMENT
PERFORMANCE APPRAISAL AND COMPENSATION MANAGEMENT

Author: GOEL, DEWAKAR

Publisher: PHI Learning Pvt. Ltd.

Published: 2023-08-01

Total Pages: 481

ISBN-13: 8119364023

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This well-received book, now in its third Edition, continues to offer a comprehensive coverage of latest concepts and practices of performance appraisal and compensation management in a clear and easy-to-read style. Written by a practising manager, who has worked at the apex level of Schedule-A organisation, the book is intended as a text for the students of management and commerce. Besides, it also serves as a useful tool for managers, executives and HR practitioners who are confronted with many performance management issues in their work scenarios, especially in view of the roleplay and case studies introduced by an author who is a renowned HR professional in India and abroad. NEW TO THE EDITION The Third Edition of the book is unique in introducing chapters on: • e-appraisal in practice • Managing Boss for objective appraisal • Managing change in Work-From-Home scenario • Mentoring and coaching as tools for enhancing performance; the first time in literature. TARGET AUDIENCE • MBA (HRM) • MA – HRM • Management Professionals