PRACTICES IN INDIA JESSIE SATHYA (18MBA0013) KRISHNA PRASAD P (18MBA0026) R. AKASH (18MBA0059) R. AKSHAY (18MBA0063) What is pay commission ? All previous pay commissions Components of compensation:- Basic wages/Salaries: Dearness allowance:- Bonus:- Commissions:- Mixed plans:- Piece rate wages:- Sign on Bonuses:- Profit sharing payments:- Fringe benefits:- Reimbursements:- Sickness benefits/pregnancy:-