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What precautions should be take/ keep in mind while giving compensation to employees?
From India, Gurgaon
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nathrao
3180

What is the nature of compensation you are talking about? Post is not clear- salary, bonus, ad hoc payments?
From India, Pune
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One important aspect of communication is providing clarity. You cannot expect everybody to figure out what is on your mind. As such, I would request you to provide a background to your query with some inputs.

Compensations vary from organization to organization, cadre to cadre, industry to industry, and country to country. Please provide some details so that we may try to help you appropriately.

From India, Bengaluru
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Mr Sundaram is absolutely right. How could any one find the Solution without explaining the problem clearly? You should mention what kind of compensation you’re referring to.
From India, Faridabad
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Compensation can be divided into salary, benefits, and incentives. While salary and benefits must be competitive, incentives are the most likely drivers of attracting and retaining the best employees in startups. There are three key types of incentives: bonuses, profit-sharing, and stock options.

If your question is clear, I will explain briefly.

Best Regards,
Ambika

From India, undefined
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Please confirm the list of statutory compliance register to be maintain for Andhra Pradesh state.
From India, Nirmal
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Please be careful that in your attempt to establish a stress free/ easy compensation system, you do not end up being victim of a fraudulent situation.
From India, Pune
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rujul
14

For remuneration and a healthy process, you should first read the ID Act, Payment of Wages Act, Minimum Wage Act, PF, Bonus, and ESIC Act. You can pay according to that, and before that, you need to draft your standing order for working hours and shift planning.

You need to take care of all the aspects mentioned above according to your question.

From India, Gurgaon
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Dear Senior’s, how to learn IR case studies, judgement and where i can get data. please guide me...
From India
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Hi Rashmil , We can only give you a suggestion once we have the clarity of the subject being asked . Best Regards Shikha Sharma
From India, Mumbai
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