Compensation management / Dr. A. Sajeevan Rao.

By:

Rao, A. Sajeevan [author and editor.]

Publisher: New Delhi, India : Random Publications LLP, 2022Description: viii, 320 pages ; 24 cmContent type:

text

Media type:

unmediated

Carrier type:

volume

ISBN:

9789393884077 (hbk)

Subject(s):

Compensation management

DDC classification:

23 331.21068 R18 2022

LOC classification:

HF5549.5.C67 B533 2022

Contents:

1. An Introduction to Compensation Management. 2. Compensation and Organizational Strategy 3. Compensation Management: Wage and Salary Administration 4. Basic System of Performance Appraisal 5. Incentives 6. Sales Executives and Compensation 7. Compensation's Role in Human Resource Strategy 8. Methods of Wage Payment and Theory 9. Job Analysis 10. Performance Management 11. Collective Bargaining

Summary: Compensation management is the process of managing, analyzing, and determining the salary, incentives, and benefits each employee receives. Compensation managers aim to attract, retain, and engage employees by offering broad and competitive compensation plans within the company budget. The employees need to be compensated for the services which they render to an organization. It is not easy to workout suitable compensation package for the employees and keeps them satisfied. The compensation helps in motivating employees and ensuring that they are committed to 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.

Holdings
Item type	Current library	Collection	Call number	Status	Barcode
Books	College Library General Circulation Section	GC	GC 331.21068 R18 2022 (Browse shelf(Opens below))	Available	HNU004184

Includes bibliographical references and index.

1. An Introduction to Compensation Management.
2. Compensation and Organizational Strategy
3. Compensation Management: Wage and Salary Administration
4. Basic System of Performance Appraisal
5. Incentives
6. Sales Executives and Compensation
7. Compensation's Role in Human Resource Strategy
8. Methods of Wage Payment and Theory
9. Job Analysis
10. Performance Management
11. Collective Bargaining

Compensation management is the process of managing, analyzing, and determining the salary, incentives, and benefits each employee receives. Compensation managers aim to attract, retain, and engage employees by offering broad and competitive compensation plans within the company budget. The employees need to be compensated for the services which they render to an organization. It is not easy to workout suitable compensation package for the employees and keeps them satisfied. The compensation helps in motivating employees and ensuring that they are committed to 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.

College of Business and Accountancy Bachelor of Science in Business Administration Major in Human Resource Mgt