Compensation management pdf notes & ebook download for MBA HR students


Active Member
Feb 22, 2015
[JUSTIFY]Dear Colleagues

I have the lecture notes for the subject Compensation management that i am sharing with all of you in this thread. The attached PDF file will help you in your preparation for Compensation management and help you clearing your semester/trimester exams with ease.

The attached ebook/notes contain the following topics:

Objectives of Compensation
Introduction to Compensation and Rewards; Objective of Compensation and Rewards; Introduction to
Framework of Compensation Policy; Labor market characteristics and pay relatives

Wage Determination:
Introduction to Compensation, Rewards, Wage Levels and Wage Structures; Introduction to Wage
Determination Process and Wage Administration rules; Introduction to Factors Influencing Wage and Salary
Structure and Principles of Wage and Salaries Administration; Introduction to the Theory of Wages:
Introduction to Minimum, Fair and Living Wage

Wage Deferential
Introduction to Minimum Wages; Introduction to Basic Kinds of Wage Plans; Introduction to Wage
Differentials & Elements of a Good Wage Plans; Introduction to Institutional Mechanisms for Wage

Executive Compensation
Legalistic Framework for Wage Determination; Introduction to Importance of Wage Differentials; Introduction
to Executive Compensation and Components of Remuneration

Job Evaluation
Introduction to Nature and Objectives of Job Evaluation; Introduction to Principles and Procedure of Job
Evaluation Programs; Introduction to Basic Job Evaluation Methods; Introduction to Implementation of
Evaluated Job; Introduction to Determinants of Incentives; Introduction to Classification of Rewards; Incentive
Payments and its Objectives.

Wage Incentives
Introduction to Wage Incentives in India; Introduction to Types of Wage Incentive Plans; Introduction to
Prevalent Systems & Guidelines for Effectives Incentive Plans; Introduction to Non- Monetary Incentives

Profit Sharing
Introduction to Cafeteria Style of Compensation; Introduction to Problems of Equity and Bonus; Profit Sharing
& Stock Options; Introduction to Features of Fringe Benefits; Introduction to History and Growth Factors;
Coverage of Benefits; Introduction to Employee Services & Fringe Benefits in India

Benefit Programs
Introduction to Benefit Programs; for Management & Administration of Benefits & Services; Introduction to
Compensation Survey & Methodology; Introduction to Planning Compensation for Executives & knowledge

Tax Planning
Introduction to Tax Planning; Comparative International Compensation; Introduction to Downsizing; Voluntary
Retirement Scheme; Pay Restructuring in Mergers & Acquisition