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)