MS-27 WAGE AND SALARY ADMINISTRATION

MS-27 WAGE AND SALARY ADMINISTRATION

Topics Covered

Block 1 - Compensation - Concept and Context
Unit 1 - Role of Compensation and Rewards in Organisation
Unit 2 - Economic and Behavioural Issues in Compensation
Unit 3 - Framework of Compensation Policy
Block 2 - Legal Framework of Wage and Salary Administration
Unit 1 - Wage Concepts and Definition of Wages Under Various Labour Legislation
Unit 2 - Constitutional Perspective, International Labour Standards, and Norms for Wage Determination
Unit 3 - Law Relating to Payment of Wages and Bonus
Unit 4 - Regulation of Minimum Wages and Equal Remuneration
Unit 5 - Law Relating to Retrial Benefits
Block 3 - Compensation Structure and Differentials
Unit 1 - Pay-Packet Composition
Unit 2 - Institutional Mechanisms for Wage Determination
Unit 3 - Job Evaluation and Internal Equity
Unit 4 - External Equity and Pay Surveys
Block 4 - Reward System, Incentives and Pay Restructuring
Unit 1 - Design of Performance Linked Reward System
Unit 2 - Incentives for Blue and White Collars
Unit 3 - Bonus Profit Sharing and Stock Options
Unit 4 - Allowances and Benefits
Unit 5 - Downsizing and Voluntary Retirement Scheme
Block 5 - Emerging Issues and Trades
Unit 1 - Tax Planning
Unit 2 - Comparative International Compensation
Unit 3 - Overview of Future Trends in Compensation Management

MS-27 English (Total-12, Solved-5, Unsolved-7)
June (2008-2013)
December (2007-2012)