Wage And Salary Administration
Training Highlights

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What placement assistance will you receive?
Free Placement Preparation Training
Access to curated Internships & Jobs
Top performers will be highlighted in their internship & job applications

What will be the training syllabus?
Course Curriculum
Concept Of Wages
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Wage Concept : Wage Structure, Types Of Wages, Method Of Calculation And Mode Of Payment
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Wage Policy : Framing, Revision And Implementation Of Wage Policy
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Fixation And Revision Of Wages : Role Of Minimum Wages Act And Wage Board
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Factors Responsible For Determination Of Wages And Salary
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Pay Commission, Collective Bargaining, Union Role In Wage And Salary Admin
Incentive Scheme
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Pay For Performance
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Types Of Incentive Schemes
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Pre-requisities Of Effective Incentive Schemes
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Merits And Demerits Of Incentive Scheme
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Performance Based Pay And Performance Linked Payment Of Bonus
Method For Revision Of Wages And Salary
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Salary Revision In Public And Private Sector
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Annual Increment
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Wage Revision By Wage Agreement
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Role Of Labour And Industrial ourt For Settlement Of Industrial Disputes Related To Wages And Salary
General
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Wage Survey
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Ideal Wage Policy
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Time Rate System
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Piece Rate System
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Concept Of Executive Compensation