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Team3 HRM Module4 MBA2023
Team3 HRM Module4 MBA2023
Performance Appraisal
Compensation
Job Evaluation
Presented By,
31. Kaveri K
32. Kavita S
33. Kavyashree
34. Kenchappa N
35. L. Girija
36. M. A Keerthi
37. M. Ranjith Kumar
38. Malashree
39. Mallikarjun
40. Manjula
PERFORMANCE
APPRAISAL
PRESENTATION TITLE 3
ESSENTIAL CHARACTERISTICS OF
AN EFFECTIVE APPRAISAL SYSTEM
1. Job Analysis
2. Job Evaluation
3. Market Research
4. Salary Structures
5. Performance Management
6. Communication and Implementation
OBJECTIVES OF
COMPENSATION PLANNING
8
JOB EVALUATION
9
COMPENSATION PAY STRUCTURE IN INDIA
1. Basic Salary
2. Dearness Allowance (DA)
3. House Rent Allowance (HRA)
4. Conveyance Allowance
5. Performance-Based Pay
6. Provident Fund (PF)
7. Employee State Insurance (ESI)
8. Gratuity
9. Stock Options (in specific industries)
WAGE & SALARY ADMINISTRATION
Wages and salaries are the remuneration paid or payable to employees for work performed
on behalf of an employer or services provided.
Demand for
Ability to Cost of
and supply of Productivity Regulation
pay living
labor
12
METHODS OF WASTE PAYMENT
Balance or debt method
13
THE PROCESS OF WAGE DETERMINATION
Job analysis
Job evaluation
Wage survey
Developing wages structure
Wage administration
Employee appraisal
STATE REGULATION OF
WAGES
15
FACTORS INFLUENCING COMPENSATION LEVELS
16
EXECUTIVE COMPENSATION