Compensation Management

Course

Learning Outcome (at course level)

Learning and teaching strategies

Assessment Strategies

Paper Code

Paper Title

CO187: To understand key concepts

related to labor market dynamics in

determining employee wages, bases  of

their pay, and executive compensation

that are equitable and competitive as

well as cost-effective in attracting and

retaining people.

CO188:  To analyze  the different Job Evaluation techniques for determining basic pay.

CO189: To determine various components

of a compensation package, how to

structure them, and how to develop a

company’s compensation policy.

 C0190: To evaluate

different statutory/ voluntary benefits,

perks, incentives, and employee services

offered by different organizations in

order to motivate employees for better

performance and retention.

C0191:  To create an understanding  about the different provisions comes under different compensation acts.

Approaches of Teaching: Interactive lectures and Discussion and Power point presentation

CA test, Semester end examination, Presentation, Quiz, and Interaction

HRG 517

Compensation Management

Learning activities for the students: Self               learning assignments, effective discussion, simulation       and presentation