MBA HR - Compensation Management Notes & eBook - Second Year Sem 4

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Apr 16, 2018
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Hey Folks,

I welcome you to my MBA thread on Studynama Community. On this thread, I have shared the PDF lecture notes for the subject –Compensation Management.

These notes and eBook on Compensation Management have been prepared by experienced MBA HR faculty and toppers and will provide you with easy to study material. There are 333 no. of pages in this PDF lecture notes and the PDF file can be easily downloaded below.

List of key topics in Compensation Management Notes eBook:

· UNIT-I Compensation - Definition - Compensation Responsibilities – Compensation System Design Issues – Compensation Philosophies – Compensation Approaches

· UNIT-II Compensation Classification - Types - Incentives - Fringe Benefits - Strategic Compensation Planning – Determining Compensation – The wage Mix – Development of Base Pay Systems – The Wage Curve – Pay Grades – Salary Matrix – Compensation as a Retention Strategy.

· UNIT-III Theories of Wages - Wage Structure - Wage Fixation - Wage Payment - Salary Administration Executive Compensation – Incentive Plans – Team Compensation – Gain Sharing Incentive Plan – Enterprise Incentive Plan – Profit Sharing Plan- ESOPs – Compensation Management in Multi-National organisations.

· UNIT-IV Methods of Rewarding of Sales Personnel - Pay - Commission - Pay and Commission - Performance-Based Pay Systems - Incentives - Executive Compensation Plan and Packages - Perceptions of Pay Fairness – Legal Constraints on Pay Systems.

· UNIT-V Wage Boards - Pay Commissions - Employee Benefits – Benefits Need Analysis – Funding Benefits – Benchmarking Benefit Schemes - Employee Benefit Programmes – Security Benefits – Creating a Work-Life Setting – Designing Benefit Packages

You can download the PDF lecture notes eBook for the subject - Compensation Management below. I hope you like them and get help in your studies. Moreover, please feel free to ask any query below or LIKE this post to motivate me to share more study materials with all students!