Basics Of Compensation Management - Ppt Download

Hi people,
I had conducted a recent course on Basics of Compensation for Goa University. Attaching the ppt for the same.
I sincerely hope that it benefits somebody.
Your comments also invited for improvement.
regards
Monarch

Hi Monarch
No doubt it is a good contribution. Thanks a lot.
Since you have conducted the same in GOA university, perhaps you have more details on MS-Word format which have the linkage with this PPT format. If you pls post that, it will be more helpful for everybody. Waiting for that....Thanks is advance.
Asad

Hi Asad,
i had gone through different reading materials and books for making this. you would find all these in compensation books.
Had amde it straight on powerpoint. did not use any word doc for the same, but if you want to know about anything specific within this, would be too glad to help :)

hi,
I am working in payroll ddept. would want more information about different aspects of compensation and benefits..
It would be much more useful , if you could mail me the ppt at my email id - [Login to view]..
thanks a million...
Regards,
Ritu Ghai

Hi,
I am doing compen ben study in one of the companies...just have a small query...Instead of putting as special allowance, can an employee select his own benefits( entertainment, gym etc) nd pay the fringe benefits himself...This would be win-win for both
employer-easy to retain talent nd no additional tax burden
employee- specail allowance will have more tax burden than paying FBT on other benefits

Hi Friends,
Here is Salary Break up Calculator.
Please see the Attachment.
Enter Annual Cost in top left hand side marked (YELLOW) only.
Keep Smiling......
mahesh k prasad

We deliver HR software and payroll outsourcing services, and find that many payroll professionals are not clear whether they should be using 30 days, 26 days, or the actual calendar days as the basis of pay calculation each month.
We believe that the actual number of days should be used each month for pay calculation rather than using 30 days or 26 days. Please find attached a note detailing why using 30 days as the basis can lead to problems in pay calculation.
I welcome comments on the note. If you wish to know about software or payroll services, please get in touch with me at [Login to view].
Regards,
T E Gautham

Pls check your caliculations by 26 and by 30.
Differnce is not that much correct. check it once again

Dear tegautham,
what i viewed from your mail is that you are considering days a the basis for salary calculation which should rather not be a case
it should be actual salary, what ever the no. of days may be
example if individuals salary is Rs. 30000/month it has to be same for 28 days, 30 days or 31 days a month.
Regards
RAvindra

Agreed. Of course, it should be the same amount irrespective of the number of days a month has.
The problem I am trying to illustrate is for the pay calculation in the first month (or the last month) of a person's stint in a company.