| 1 |
Compensation, types of compensation |
CO1: Explain the concepts and components of compensation. |
LO1: Identify different types of compensation. |
PO1, PO4 |
| 2-3 |
Theories of Wages |
CO2: Evaluate various wage theories and their application. |
LO2: Apply wage theories in organizational contexts. |
PO1, PO2 |
| 4 |
Compensation- Base Pay, Individual vs Team Rewards |
CO3: Compare individual and team reward systems. |
LO3: Design reward strategies for different scenarios. |
PO1, PO5 |
| 5 |
Strategic Compensation Planning |
CO4: Formulate a strategic compensation plan. |
LO4: Align compensation with organizational goals. |
PO1, PO2 |
| 6 |
Source of Competitive Advantage |
CO5: Analyze how compensation creates competitive advantage. |
LO5: Apply compensation strategies for gaining market advantage. |
PO1, PO4 |
| 7 |
Case Study |
CO6: Apply theoretical concepts to real-world scenarios. |
LO6: Evaluate practical implications of compensation strategies. |
PO2, PO4 |
| 8 |
Development of a Base Pay System |
CO7: Design an equitable base pay structure. |
LO7: Conduct job evaluations to determine base pay. |
PO1, PO2 |
| 9 |
The Compensation Structure |
CO8: Develop and interpret compensation structures. |
LO8: Use wage and salary surveys for market benchmarking. |
PO1, PO4 |
| 10 |
Preparing Salary Matrix and Fixing Pay |
CO9: Construct salary matrices considering regulatory frameworks. |
LO9: Apply legal considerations in compensation decisions. |
PO4, PO5 |
| 11 |
Compensation as a Retention Strategy |
CO10: Develop compensation plans for retention and motivation. |
LO10: Analyze the impact of compensation on employee retention. |
PO1, PO5 |
| 12 |
Managing Employee Benefits |
CO11: Evaluate various employee benefit programs. |
LO11: Design effective benefit packages. |
PO1, PO4 |
| 13 |
Time–Off Benefits and Benefit Administration |
CO12: Analyze benefit administration policies. |
LO12: Develop time-off and discretionary benefit strategies. |
PO1, PO4 |
| 14 |
Case Study |
CO13: Analyze compensation and benefits through case studies. |
LO13: Propose practical solutions based on case analysis. |
PO2, PO4 |
| 15 |
Wage Determination |
CO14: Explain methods of wage determination in India. |
LO14: Apply wage determination principles to various sectors. |
PO1, PO4 |
| 16 |
Wage Administration in India |
CO15: Assess the role of wage administration in employee satisfaction. |
LO15: Evaluate different wage administration practices. |
PO4, PO5 |
| 17 |
Wage Boards |
CO16: Examine the structure and function of wage boards. |
LO16: Analyze the effectiveness of wage boards in wage fixation. |
PO4, PO5 |
| 18 |
Case Study |
CO17: Apply wage and salary administration concepts. |
LO17: Interpret wage data from case scenarios. |
PO2, PO4 |
| 19 |
Compensation Practices of Multinational Organizations |
CO18: Compare compensation practices in multinational and global firms. |
LO18: Develop compensation policies for multinational firms. |
PO1, PO4 |
| 20 |
Recent Trends |
CO19: Analyze emerging trends in compensation and benefits. |
LO19: Forecast future changes in compensation strategies. |
PO2, PO7 |
