Strategic perspectives in compensation Prof. V. Viswanathan Aligning compensation strategy with business strategy • Necessity to control labour costs • Increase productivity,…
COST OF CAPITAL What we know… • Basic Skills: (Time value of money, Financial Statements) • Investments: (Stocks, Bonds, Risk and Return) • Corporate Finance: (The…
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COMPENSATION Compensation: An Overview Compensation - Total of all rewards provided employees in return for their services Direct financial compensation - Pay that a person…
UNIT V LESSON 12 WAGE AND SALARY ADMINISTRATION CONTENTS 12.0 12.1 12.2 Aims and Objectives Introduction Wage Determination Process 12.2.1 12.2.2 12.2.3 12.2.4 12.2.5 12.3…
1. Designing Compensation System: Part IIIDr. G C Mohanta, BE(Mech), MSc(Engg), MBA, PhD(Mgt) Professor1 2. Constructing a Pay Structure 2 3. Pay StructureUseful for standardizing…
1. Value Added HR PartnershipDavid F. Haworth, MBA, SPHR 2. Comprehensive HR Experience & Education MBA – Lake Forest Graduate School of ManagementSPHR – Senior Professional…