Wage And Salary Administration Has An Important Bearing On Workers, Organisations, Government And Society. The Mechanics Of Wage Determination Based On The Element Of Adhocism Has Been The Source Of Legitimate Concern And Anxiety To The Workers. This Mechanism, Apart From Being Adhocistic In Nature Is Also Based On The Principle Of Irrationality And Other Unscientific Factors.Wage Differential Also Exist On The Basis Of Sex, Region And Other Such Artificial Considerations.The Present Book Highlights All These Problems Relating To Wage And Salary Administration And Suggests Suitable Remedial Measures To Remove These Defects And Also Suggests A Rational Policy In This Regard.This Study Will Prove Useful For Researchers, Management Professionals, Policy Planners Besides The Labour Organisations.

The Book Presents Fundamentals About System Of Remuneration Which Is The Substantial Mechanism Of Human Resource Development. It Presents The Material In Simple, Lucid And Easily Understandable Manner. It Provides A Comprehensive Converge To A Vast Growing Discipline, Well Supported By Cardinal Research Data Collected From Multifarious Source Potently And Carefully. The In Built Remuneration System In Both The Sectors Has Been Examined In The First Chapter. This Designing The Objectives, Hypothesis And Methodology. Second Chapter Entitled Discusses Made By Experts, Writers And Scholars On The Subject. Third Chapter Explains The Organizational Profile Of Units Taken Up For Study. Fourth Chapter Highlights State Wage Policies And Wages Legislations. Next Chapter Emphasizes Income And Expenditure Pattern Of The Employees. Likewise, Chapter Sixth Discusses Relationship Between Remuneration And Prices. In The Seventh Chapter Comparative Analysis Of Remuneration Of The Employees Has Been Made. Finally, Last Chapter Attempts At Finding Out The Problems, Conclusions And Suggestions.The Book Will Prove Highly Useful To Workers, Management Policies Makers, Concern Government, Researchers And Society At Large.

This book presents a comprehensive account of the intricacies related to compensation and reward management in Indian organizations—a vital strategic feature of HR management. It presents a blend of theoretical concepts, definitions, approaches, methods and techniques related to compensation practices being followed/likely to be followed in organizations. Starting with a conceptual framework, it discusses wage determination and wage fixation practices in India, salary reviews and reward management policies, and processes and procedures, in addition to international remuneration with special reference to expatriates and the remuneration of third country nationals. In addition to examining the designing and monitoring of salary grade structures including salary progression curves, it spells out divergent systems and institutions for wage determination/wage fixation practices in Indian organizations. Rich in pedagogical features, including learning objectives, discussion questions, individual and group activities, the volume also has numerous case studies. This book will be useful to students of human resource management, business economics, corporate finance, corporate governance, organizational studies, strategic management, finance, business and industry, public administration, social work and other allied fields.

The book presents the fundamentals of Human Resource Management in a simple, lucid and easily understandable style. It provides a comprehensive coverage to a vast, growing discipline well supported by a wealth of research data collected from multifarious sources, potently and carefully. A notable feature of the book is that it gives extensive coverage to HRD topics. The book contains a number of informative tables, summary boxes and useful diagrams. It is also liberally sprinkled with current examples and illustrations designed to convey the information in an uncomplicated manner. The book is primarily meant for students pursuing advanced courses in Human Resource Management such as MBA, PGDBA, M Com and IAS.Some of the changes in the Second Edition are summarized below:v A refined version of SHRMv Total quality HRM approachv Summarised versions of best employers in India especially their recruitment, selection, training and executive development practicesv Succession planning and succession management enriched with live corporate examplesv 360-degree feedback system, essentials of an effective appraisal system, potential appraisalv How leading Indian companies appraise potentialv Latest data regarding union membership; union recognition, criteria and rights, voluntary recognition and the code of discipline, verification of union membership, the check off system, recommendations of NCL, current trends in trade unionismv Features of industrial relations, approaches to industrial relations, latest data regarding industrial disputesv Important uses of human resource information systemv New chapter on International Human Resource Managementv Study Aids in a New Format: Discussion questions, Internet sources, true/false questions, key term exercises, student activities, etc., have been brought under one roof, i e, at the end of each chapterv 9 New Cases: The case of the risky recruit, the case of bench management, the case of TQM and innovation, compensation crises, incentive issues, the case of variable pay, the case of involuntary VRS, the case of mentoring management and the case of the hushed relationship