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  • Analysis of Compensation Management in MCSL: Presented by Sidharth R (11HM30)

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    Sidharth Radhakrishnan
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    This document analyzes compensation management at MCSL, a non-banking finance company established in 1994. It provides an overview of the company's departments and products/services, which include auto loans. The objectives are to study employee payroll structure, job profiles, performance, and satisfaction levels. A questionnaire was used to collect data from random MCSL employees. The study so far has examined department hierarchies, employee levels, and the performance appraisal process. Future work includes further analyzing the payroll structure and developing a questionnaire to assess employee satisfaction levels. The overall goal is to empower customers with financial freedom, in line with the founder's vision.

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    This document analyzes compensation management at MCSL, a non-banking finance company established in 1994. It provides an overview of the company's departments and products/services, which include auto loans. The objectives are to study employee payroll structure, job profiles, performance, and satisfaction levels. A questionnaire was used to collect data from random MCSL employees. The study so far has examined department hierarchies, employee levels, and the performance appraisal process. Future work includes further analyzing the payroll structure and developing a questionnaire to assess employee satisfaction levels. The overall goal is to empower customers with financial freedom, in line with the founder's vision.

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    Attribution Non-Commercial (BY-NC)
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    20 views10 pages

    Analysis of Compensation Management in MCSL: Presented by Sidharth R (11HM30)

    Uploaded by

    Sidharth Radhakrishnan
    This document analyzes compensation management at MCSL, a non-banking finance company established in 1994. It provides an overview of the company's departments and products/services, which include auto loans. The objectives are to study employee payroll structure, job profiles, performance, and satisfaction levels. A questionnaire was used to collect data from random MCSL employees. The study so far has examined department hierarchies, employee levels, and the performance appraisal process. Future work includes further analyzing the payroll structure and developing a questionnaire to assess employee satisfaction levels. The overall goal is to empower customers with financial freedom, in line with the founder's vision.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PPTX, PDF, TXT or read online from Scribd
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    Download as pptx, pdf, or txt
    of 10

    ANALYSIS OF COMPENSATION MANAGEMENT IN MCSL

    Presented By Sidharth R (11HM30)

    INTRODUCTION

    What is Compensation Management?


    Why is it needed? What are the types of compensation?

    Company Profile
    Established in 1994 Promoted by Muthoot Pappachan Group Non Banking Finance Company (NBFC) registered with

    the Reserve Bank of India Service leader in the capital market Listed on the Bombay Stock Exchange Its services is spread all over South India, Maharashtra, Gujarat and Goa. Total Income - Rs. 673.522 Million ( year ending Mar 2012)

    Departments
    HR

    Sales
    Credit Operations

    Collections
    Accounts/Finance Legal

    IT

    Product & Services


    AUTO LOANS
    Three Wheeler Loan

    Two Wheeler Loan


    Different schemes are offered for the customers as

    per the market value. 372 schemes are being offered.

    Objective
    PRIMARY OBJECTIVE: To study the payroll structure of employees. SECONDARY OBJECTIVE: To analyze the Job profile and study the job description. To analyze performance level of employee. To analyze employee satisfaction level.

    Research Methodology

    Research Tool - Questionnaire


    Sample Size Employees of MCSL Sampling Technique Random sampling

    Research Approach Descriptive approach

    Limitations of the study

    Many employees are posted in various hubs away

    from Head Office ( Ernakulam).

    About the Study


    Till date: Hierarchy in each departments. Different levels of employees- Trainees, Probationers and Permanent. Also studying the performance appraisal process of the employees in the company The components of the payroll structure of MCSL employees (initial stage)

    Future: To study in detail how the payroll structure is prepared for the employees by coordinating with the HR team. To prepare a questionnaire for the analysis of employee satisfaction level.

    THANK YOU

    He (Muthoot Pappachan Founder Chairman) envisioned a world of prosperity and happiness for all. He dreamt of financial freedom for all. We are committed to transform his dreams into reality by empowering the poorest of poor, with financial freedom and confidence.

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