Rajsawster
Hr Specialist - Policy,compehsation &
Nashbramhall
Learning & Teaching Fellow (retired)
Priyapanda
Student
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HI ALL
m new to this forum and m a student right now...i have undertaken a project on compensation management and hr practices in fmcg and consumer durable companies.......it would be a great help if you can go through the questionnaire and help me by filling it and by giving your valuable suggestions as well.
thanks and regards
priya


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Hello Laksh,

Following information will help you to prepare questionnaire for compensation survey, Keep this survey Industry specific and region specific because in India wages and salary are always to subject to local area job price as well as inflation.

You may also include
Operating Allowance:- shift allowance, hazardus allowance, location allowance, etc
Fix allowance or Non-Operative Allowance:- HRA, Conveynce Allowance, Education Allowance, Medical Allowance,VDA, etc

The enclosed statement shows direct compensation paid to the employees and indirect compensation.

Listed below are some of the various types of pay and employer contributions that may be included in the amounts shown on the statement. The list does not include all of the possible types and is not specific to personalized statement.

Direct Compensation

Regular Hours may include: Regular Earnings, Additional Hours, Retroactive Pay, Board Members Pay, Worker Compensation

Overtime Hours may include: Overtime .5, Call Back Pay – Overtime, Overtime Differential Pay, IT Critical Project Bonus OT Earns

Shift Differential may include: Various Pay Shift options, Call Back Premium, Various Pay Differential options, Standby Hours

Bonus Pay may include: Longevity Bonus, Suggestion Award, Quality Bonus Payment, Savings Incentive Program, IT Signing Bonus, IT Mission Critical Project Bonus

Holidays may include: Discretionary Day, Holiday Pay, Holiday Credit, Holiday Premium Pay
Vacation Leave Taken may include: Vacation Leave, Vacation Leave Payout, Worker Compensation Vacation Leave

Sick Leave Taken may include: Sick Leave, Worker Compensation Sick Leave

Other Leave Taken may include: Funeral Leave, Shared Leave, Disaster Leave, Administrative Leave, Comp Time Taken, Daylight Saving Time

Other Pay may include: Contractual Pay, Call Back Pay, Emergency Pay, Comp Time Payout
Indirect Compensation – Employer Contributions


Benefits contributions may include: Medical Insurance Prescription Drug Insurance Dental Insurance Group Life Insurance Long-Term Disability Insurance Accidental Death Benefits

Tax contributions may include: Disability (Medicare) Worker Compensation Insurance, Unemployment Insurance

Retirement contributions may include: Severence Award, Voluntary or Involuntary Retirements Benefits such as VRS etc.



Fringe Benefits or Perqs/Perks

Employee benefits and (especially in British English) benefits in kind (also called fringe benefits, perquisites, perqs or perks) are various non-wage compensations provided to employees in addition to their normal wages or salaries. Where an employee exchanges (cash) wages for some other form of benefit, this is generally referred to as a 'salary sacrifice' arrangement. In most countries, most kinds of employee benefits are taxable to at least some degree.

Fringe benefits can also include but are not limited to: (employer-provided or employer-paid) housing, group insurance (health, dental, life etc.), income protection, retirement benefits, daycare, tuition reimbursement, sick leave, vacation (paid and non-paid), social security, profit sharing, funding of education, and other specialized benefits

The purpose of the benefits is to increase the economic security of employees.

The term perqs or perks is often used colloquially to refer to those benefits of a more discretionary nature. Often, perks are given to employees who are doing notably well and/or have seniority. Common perks are company cars, hotel stays, free refreshments, leisure activities on work time (golf, etc.), stationery, allowances for lunch, and—when multiple choices exist—first choice of such things as job assignments and vacation scheduling They may also be given first chance at job promotions when vacancies exist.

Employee benefits in the United States might include relocation assistance; medical, prescription, vision and dental plans; health and dependent care flexible spending accounts; retirement benefit plans (pension, 401(k), 403(b)); group-term life and long term care insurance plans; legal assistance plans; adoption assistance; child care benefits; and possibly other miscellaneous employee discounts (e.g., movies and theme park tickets, wellness programs, discounted shopping, hotels and resorts, and so on).

This will help you in preparing questionnaire to compare jobs in similar grades and positions with other companies. You can also take sample jobs list for comparision and jobs matching instead of job title matching which is misleading for marketing pricing of jobs. In India Job Title inflation is big issue and HR challenges people are offered designations lavishly because 2 years expereinced HR Manager & 20 Years Experienced HR Manager job weightage will be different.

Regards

Sawant

HI ALL
m new to this forum and m a student right now...i have undertaken a project on compensation management in a manufacturing company.it would be a great help if you can go through the questionnaire and as well as some project example note and help me by filling questionnaire and by giving your valuable suggestions as well.
thanks and regards
Tanushree

Hi Priya,
What are you undertaking this project for? What is there in it for the people that respond?
Simhan
PS: Please see my posts on Research Methodology and projects/dissertation that are attached.

Hi everybody, friends i m new user 2 dis forum. i m working on the project COMPENSATION MANAGEMENT.........so plz help me out through dis.......thank u..... regards HIJAZI......
Hi everybody, im a new user of this forum,im doing a project on compensation management,it would be a great help if you can plz suggest me in preparing the documentation. thank u. regards, jnana sri.
project on leverage on demand compensation management
Hi all,
I am new to this forum and i am a student right now. I have undertaken a project on leverage on demand compensation in x,y companies. plz help me the questionnaires for compensation management. I need the ans also.
Thanks&Regards
sravanthi.

project on Talent acquisition and Talent development strategies.
Hi all,
I am new to this forum and i am a student right now. I have undertaken a project on Talent acquisiton and Talent development strategies in x,y companies. It would be a great help if you can plz suggest me in preparing the questions for Questionnaire. Thank u.
Thanks&Regards,
shailaja

Many messages posted, requesting help with students' projects, do not contain enough information. The students rarely will have done any basic reading about how to approach their project work. Many requests, that I have come across at CiteHr, seek questionnaires or literature reviews and some even seek whole project reports.

I found a good website that gives detailed tips about the steps involved in undertaking projects and writing project proposals, etc. Please read and digest what is available at Dissertation Help | Dissertation Proposal <link updated to site home> ( Search On Cite | Search On Google )

found at Google

Also see http://www.heacademy.ac.uk/assets/bm...BA_Dissert.pdf <link updated to site home> in which "rigid adherence to the conventional scientific model" has been challenged.

Have a nice day.

Simhan
A retired academic in the UK

Hello seniors and collegues,
I am kannan, doing my research on compensation benefitd and employee satisfaction in tamilnadu cethar vessels (p) ltd. Please guide me how to make questionnaire on this and if any one forward me thier project i'll be gratefull. please do me favour i hv very less time... please... my mail id is or kannan.smart16.yahoo.com.
please help me... thank you....


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