Compensation Management

1. Auflage 2019
ISBN: 978-93-5328-628-6
Verlag: SAGE Publications

Buch, Englisch, 346 Seiten, Format (B × H): 184 mm x 241 mm, Gewicht: 746 g

Compensation Management presents a comprehensive account of the intricacies related to compensation and reward management in Indian organizations—a vital strategic feature of HR management. The book covers fundamental concepts of the subject along with the approaches, tools, techniques and allied issues. Starting with conceptual framework, it discusses wage determination and wage fixation practices in India, salary reviews and reward management policies, and processes and procedures, in addition to international remuneration with special reference to expatriates and the remuneration of third country nationals. It blends theoretical concepts with real-life practices followed in the corporate sector, with a focus on Indian organizations. This book would be helpful to students of human resource management, business economics, public administration, social work and other allied fields.

Key Features:

• Covers the role of art and science of compensation management in raising the competitive edge of organizations

• Focuses on recent policy developments, contemporary industry-wide changes and probable strategies for issues discussed

• Key pedagogical features, including contemporary case studies and activities

Autoren/Hrsg.

Sharma, R C

Sharma, Sulabh

Fachgebiete

• Wirtschaftswissenschaften Betriebswirtschaft Bereichsspezifisches Management Personalwesen, Human Resource Management

Inhaltsverzeichnis

Preface
Acknowledgements
Conceptual Framework
Compensation Management
Divergent Systems and Institutions for Wage Determination in Practice in Indian Organizations
Contingent Pay: Pay for Performance, Competence, Skill—I
Contingent Pay: Pay for Performance, Competence, Skill—II
Administering and Controlling Salary Costs and Salary Review
Designing and Operating Fringe Benefits and Services, and Internal Audit of Compensation and Benefits
Designing and Operating Non-financial Benefits (Intrinsic and Relational Rewards)
Compensation and Reward Management Policy, Processes, Procedures and Some Other Issues
International Remuneration
Index

Über Autor(innen)

Sharma, R C
Professor (Dr) R. C. Sharma, Founder Vice-Chancellor, Amity University Haryana (AUH), is presently Professor Emeritus, Amity Business School, AUH, and Advisor to Additional President, Ritnand Balved Education Foundation (RBEF). He is the Founder Director of a number of management and technology institutes, such as Kedarnath Aggarwal Institute of Management, Tilakraj Chadha Institute of Management and Technology, Amity School of Business Studies, Amity Business School and Amity Business School Study Centre. Besides being honoured with the Lifetime Achievement Award by the Confederation of Indian Universities (CIU), Commonwealth of Vocational Education and Research (COVER) and the International Association of Educators for World Peace (IAEWP) for his outstanding contribution in the area of educational planning and administration, Dr Sharma has also been felicitated with several prestigious awards including the Best Achiever of India Award, Twentieth Century Excellence Award, Best HR Academician Award, a Gold Medal for securing a First Class in PGDPM (Kurukshetra University), and so on.
Having more than five decades of experience in corporate, teaching and research, he has authored several books in the area of management (the last volume being Industrial Relations and Labour Legislation in 2016) and also has more than 170 research papers/articles published in leading journals and periodicals. Twelve of his research scholars have already been awarded PhD degrees by leading universities. He is also the Editor-in-Chief of Amity Management Analyst, a very popular bi-annual journal. He has also contributed a number of articles to The Economic Times.

Sharma, Sulabh
Mr Sulabh Sharma, currently working as Head of Scooter Model Line (General Manager—R&D), Centre of Innovation and Technology, Hero MotoCorp Limited, is BE (Mechanical Engineering) and MBA (HR). He has attended a good number of seminars and conferences and undergone several short-term courses. He has published around 20 research papers/ articles on HR-related topics in leading journals such as Indian Journal of Labour Economics and Haryana Labour Journal, and has presented some in the proceedings of national seminars and conferences.



He has over 23 years of rich hands-on cross-functional experience in programme/project management for automotive new product development and technology development for anticipated future trends in internal combustion engine vehicles and electric vehicles.