Working Capital Management in Bajaj Allainz Life Insurance
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CONTENTS
1. Executive Summary 1
2. History of coal India 3
3. About C.M.P.D.I 4
4. Services offered by C.M.P.D.I 7
5. Wages and salary administration 16
6. Definition 17
7. Factors affecting wages and salary structure 18
8. Criteria for fixation of wages and salary 19
9. National Coal Wage Agreement Preamble 21
10. Wages and salary structure for non executive employees 23
11. Wages and salary structure for executive employees 52
12. Limitation 62
13. Questionnaire 63
14. Conclusion 65
15. Bibliography 66
PREFACE
This project was a real challenge for me and I m thankful to everybody for the combined efforts without which I would have not completed this project .The fact is that a growing number of companies in recent times have established compensation programmed for employees that offer additional compensation based on individual ,group and organisational performance. Wage payment is a matter of great importance to employees. It determines their standard of living ,their attitude towards the company and influences their motivation to works . It is an important issue from employer’s point of view as well as their profit is affected by the total wage bill.
My project was based on the wages and salary administration in an organisation. For this I took interview of personnel manager and HRD with the help of questionnaire and visited a number of employees of the organisation .I am heartily grateful to all of them for supporting and encouraging me.
This project not only enhanced my knowledge in the field of field of principle and policy making in present business scenario but latest strategy trend involved in formulation of wages and salary administration in an organisation.
ACKNOWLEDGEMENT
It gives me great pleasure to present this report, a written testimony of the most fruitful training. I sincerely acknowledge that whatever little
CONTENTS
1. Executive Summary 1
2. History of coal India 3
3. About C.M.P.D.I 4
4. Services offered by C.M.P.D.I 7
5. Wages and salary administration 16
6. Definition 17
7. Factors affecting wages and salary structure 18
8. Criteria for fixation of wages and salary 19
9. National Coal Wage Agreement Preamble 21
10. Wages and salary structure for non executive employees 23
11. Wages and salary structure for executive employees 52
12. Limitation 62
13. Questionnaire 63
14. Conclusion 65
15. Bibliography 66
PREFACE
This project was a real challenge for me and I m thankful to everybody for the combined efforts without which I would have not completed this project .The fact is that a growing number of companies in recent times have established compensation programmed for employees that offer additional compensation based on individual ,group and organisational performance. Wage payment is a matter of great importance to employees. It determines their standard of living ,their attitude towards the company and influences their motivation to works . It is an important issue from employer’s point of view as well as their profit is affected by the total wage bill.
My project was based on the wages and salary administration in an organisation. For this I took interview of personnel manager and HRD with the help of questionnaire and visited a number of employees of the organisation .I am heartily grateful to all of them for supporting and encouraging me.
This project not only enhanced my knowledge in the field of field of principle and policy making in present business scenario but latest strategy trend involved in formulation of wages and salary administration in an organisation.
ACKNOWLEDGEMENT
It gives me great pleasure to present this report, a written testimony of the most fruitful training. I sincerely acknowledge that whatever little