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BBA-203 Human Resource Management Unit -4
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Human Resource Management
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Course Content
Context
Principles of Compensation Management
Wage policy, Wage determination, Wage boards
Factors affecting wages and salary, Systems of payments
Job Evaluation Meaning and Methods of Job Evaluation
Components of wage/salary: DA, incentives, Bonus, Fringe benefits etc.
The Minimum Wages Act 1948
The Workmen Compensation Act 1923 Amendment Act 1972
The Payment of Bonus Act 1965 & Amendment
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