What do you understand by total returns for work

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COMPENSATION MANAGEMENT, INCENTIVES & PRODUCTIVITY

1. How do employers decide on giving pay rise? What different parameters do they opt for deciding on pay rise? What other methods do you think the employer should adopt in deciding pay revision?

2. What do you understand by Total Returns for Work? Elaborate each element in detail.

3. Explain how Job Analysis is conducted for a given job? What is Job Description and Job Specification? What do you understand by Job Evaluation? How are they used in an organization?

4. What is a Pay Model? Explain in detail the four policies on which the pay system is built. What are the factors influencing Employee Compensation?

Reference no: EM132809367

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