19. Ideal framework for Compensation Policy | Wages and Compensation | Human Resources

Wages and Compensation: Human Resources  |  Management
Ideal framework for Compensation Policy | Wages and Compensation:

Introduction of Compensation
Wage and Salary
Facts about the Compensation
(00"00-03:11)

Objectives of Compensation
Components of Compensation
(03:12-05:25)

Core components of Compensation
(05:26-06:35)

Direct Compensation and Indirect Compensation
Non monetary benefit
(06:36-07:35)

Factors responsible for framework of Compensation: External factors and other factors
(07:36-10:08)

Determinants
Product market and labor market
(10:09-11:20)

Fringe benefits
Classification of fringe benefits
(11:21-13:27)

Managing Compensation
Compensation as retention strategy
(13:28-15:41)


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