Need Help Crafting a Questionnaire for My MBA Project on Compensation and Benefits?

Hi, I am doing an MBA project on compensation and benefits. Can you please guide me in preparing a questionnaire regarding the topic? I want clear information about the compensation and benefits of an organization.

Understanding Key Acts for Compensation and Benefits

Before that, you should go through the WC Act, ESI Act, PF Act, and Gratuity Act. You will get a clear picture.

Regards,
Sukumar
Sr. Executive HR & IR

When you are working on a project, I am sure you must be familiar with the areas within Compensation and Benefits. Anyhow, you could consider the following:

- Job Descriptions
- Job Evaluation
- Grading System
- Salary Scale (single or multiple scales)
- Pay Policy (overall including pay increases based on inflation, merit, etc.)
- Bonuses and Incentives
- Employment Contracts
- Benefits and Perks

All the best,
Raghu

Dear Jacklin Thomas,

My suggestion is that you first collect data based on levels. For example, determine which employees fall under which category. Then, review the policies to understand which policies apply at each level and the associated facilities. This approach can also be applied to analyzing the salary structure. Please make sure to refer to all HR policies as well.

Regards,
Jecklin Thomas

How do I conduct the Job Evaluation and Grading System now that I have completed the Job Description through a job analysis?

Thanks & Best Regards,
Rana Abu Afia

Compensation Challenges

The subject of compensation is very challenging. You need to design it in such a way that management has a minimum indirect burden, and employees receive maximum take-home pay. The salary structure should also be tax-friendly, considering minimum wages, PF, and ESIC, along with all other statutory obligations.

The system should be more performance-based and competency-based rather than fixed.

I am working on my project on Compensation Management. Could you please guide me in preparing the questionnaire on this topic? Also, if possible, could you recommend any websites for reference?

Thank you,

Nandini.