aditi class

  Compensation and Benefits   International Compensation   1 Introduction Objectives 2 Expatriate Compensation and its Objectives  Elements of Expatriate’s Compensation  Problems in Compensation Management   Summary  Glossary  Terminal Questions   Answers   Case Study    you studied the concept of reward strategy in service sector, the method of developing reward policies, factors affecting reward management policies, process of designing a successful reward strategy and implementation of reward strategies. Now you will study the concept of international compensation.  The basic purpose behind international compensation is to attract, retain and motivate personnel required in MNC at present and in future. International compensation helps an organisation to address issues of variation in living cost, laws, taxation policies and other factors in establishing compensation for expatriates, managers and...

 MBA   SEMESTER – 2   Q1-  (a) Briefly explain  any 2 steps involved in increasing  labour  productivity .   ANS —( 1) (a)   Labour    productivity is the work efficiency of a man within a fix  time .It  means  labour  productivity is explained by calculation of number of products per hour for a single person.  So   labour  productivity = number of products produced / hour   While measuring the time it requires the task measured using motion study and work measurement methods. as we can say motion study is an analysis of specific work  in an effort to  find the most efficient method in terms of time and efforts.   while  measuring the work effort  is accurate observation and recording  to  determine  the time of a worker.   when   worker   are   good  in health and environment than productivity is  good ,while  work con...