A STUDY

ON

COMPENSATION MANAGEMENT

TO

HERITAGE FOOD INDIA LIMITED”

A Project Report Submitted in

Partial fulfillment of the award of the degree of

MASTER OF BUSINESS ADMINISTRATION (M.B.A)

Submitted By
SYED ISMAIL
Hall Ticket No:
2128-16-672-036

Under the Guidance of

Mrs. T. MAMATA PRADEEP

HYDERABAD PRESIDENCY DEGREE COLLEGE AND

P.G. CENTRE
(AFFILIATED TO OSMANIA UNIVERSITY, HYDERABAD)

2016-2018

DECLARATION
I hereby declare that the project report entitled “COMPENSATION

MANAGEMENT” carried out at HERITAGE FOOD INDIA LIMITED, Is my

original work written and submitted by me in partial fulfillment of Master`s Degree in

Business Management of OSMANIA UNIVERSITY., Hyderabad. is a bonafied

work undertaken by me and I also declare that this project has not been submitted

earlier in any other university or institution for the award of any degree diploma /

certificate or published any time before.

Name and Address of the Student Signature of the Student

SYED ISMAIL
 ACKNOWLEDGEMENT

I take this opportunity to extend my profound thanks and deep sense of gratitude to

the authorities of (HERITAGE FOOD INDIA LIMITED). For giving me the

opportunity to undertake this project works in their esteemed organization.

I would like to thanks our College Management Directors and Staff of

“HYDERABAD PRESIDENCY PG COLLEGE”, Hyderabad for their gesture of

allowing me, to undertake this project and their cooperating for the compilation of his

study.

My sincere thanks to project guide MRS. T. MAMATA PRADEEP Assistant

Professor, for the kind encouragement and constant support extended in completion of

the project work, from the bottom of my heart.

I am also thankful to all those who have incidentally helped me, through their valued

guidance, Corporation & Support during the course of my project.

SYED ISMAIL
 ABSTRACT
Compensation is a systematic approach to providing monetary value to employees in
exchange for work performed. Compensation may achieve several purposes assisting
in recruitment, job performance, and job satisfaction. An ideal compensation
management system will help you significantly boost the performance of your
employees and create a more engaged workforce that’s willing to go to the extra mile
for your organization. Such a system should be well – defined and uniform and should
apply to all levels of the organization as a general system. Plus you ‘ ll enjoy clearer
visibility into individual employee performance when it comes time to make critical
compensation planning decisions. With effective compensation management you‘ll
also enjoy clearer visibility into individual employee performance when it comes time
to make critical compensation planning decisions. With effective compensation
management you’ll also enjoy clearer visibility into individual employee performance
when it comes time to make critical compensation planning decisions. These
performance appraisals assist in determining compensation and benefits, but they are
also instrumental in identifying ways to help individuals improve their current
positions and prepare for future opportunities. Human resource is the most vital
resource for any organization. It is responsible for each and every decision taken, each
and every work done and each and every result. Employees should be managed
properly and motivated by providing best remuneration and compensation as per the
industry standards. The lucrative compensation will also serve the need for attracting
and retaining the best employees.
 TABLE OF CONTENT
CHAPTERS PARTICULARS PAGE
NO

CHAPTER – I INTRODUCTION

CHAPTER – II REVIEW OF LITERATURE

CHAPTER – III COMPANY PROFILE

CHAPTER – IV DATA ANALYSIS &

INTREPRETATION

CHAPTER - V FINDINGS, SUGGESTIONS &

CONCLUSION

BIBLIOGRAPHY

QUESTIONNAIRE