By:Adil.M.A.Khan M.S. (Banking)
Compensation Management in Banks
Concept of Compensation Administration Base
wages and salaries
Basis
to judge pay system
Incentives
and benefits
System
of compensating employees
Purpose of Compensation Administration Attracting Talented Resource Retaining & Motivating Employees Financial Management Legal Requirements
Concept of different wages Minimum
wages
Fair
wage
Living
wage
Basic wage Plans Time
Wage Plan
Piece
wage Plan
Skill-based
Pay
Competency-based Brand
Banding
Pay
Other kinds Variable
Compensation
Executive
Compensation
Wage
differentials