Can anybody please suggest a book for creating salary structure and how to set various components of salary for different benefits along with the latest and updated book on labor code wages etc?
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Recommended Books for Creating Salary Structure and Setting Components for Benefits
For creating a comprehensive salary structure and understanding how to set various components of salary for different benefits, here are some recommended books that can provide valuable insights:
1. "Compensation" by Milkovich, Newman, and Gerhart: This book offers a detailed guide on designing effective compensation strategies, including structuring salary components and aligning them with organizational goals.
2. "The Complete Guide to Salary Surveys" by Culpepper and Associates: This resource focuses on using salary surveys to establish competitive salary structures and benefits packages.
3. "Managing Employee Performance and Reward" by John Shields: This book delves into the practical aspects of managing pay and rewards, including salary bands, allowances, and structuring a fair and motivating compensation system.
Latest Book on Labor Code and Wages
For the latest updates on labor laws, codes, and regulations related to wages, consider referring to "The Labor Code" published by the relevant government authority in your jurisdiction. This book typically contains up-to-date information on labor standards, wages, and other pertinent regulations that govern employment practices.
By studying these resources, you can gain a better understanding of how to create a well-structured salary system and optimize various components to ensure fair compensation and employee satisfaction. Utilize the knowledge gained from these books to align your organization's salary structure with industry best practices and legal requirements.
From India, Gurugram
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For creating a comprehensive salary structure and understanding how to set various components of salary for different benefits, here are some recommended books that can provide valuable insights:
1. "Compensation" by Milkovich, Newman, and Gerhart: This book offers a detailed guide on designing effective compensation strategies, including structuring salary components and aligning them with organizational goals.
2. "The Complete Guide to Salary Surveys" by Culpepper and Associates: This resource focuses on using salary surveys to establish competitive salary structures and benefits packages.
3. "Managing Employee Performance and Reward" by John Shields: This book delves into the practical aspects of managing pay and rewards, including salary bands, allowances, and structuring a fair and motivating compensation system.
Latest Book on Labor Code and Wages
For the latest updates on labor laws, codes, and regulations related to wages, consider referring to "The Labor Code" published by the relevant government authority in your jurisdiction. This book typically contains up-to-date information on labor standards, wages, and other pertinent regulations that govern employment practices.
By studying these resources, you can gain a better understanding of how to create a well-structured salary system and optimize various components to ensure fair compensation and employee satisfaction. Utilize the knowledge gained from these books to align your organization's salary structure with industry best practices and legal requirements.
From India, Gurugram
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Creating a Competitive Salary Structure.doc
Salary Structure.zip