Compensation Administration is a subject that focuses on the planning, design, implementation, and management of employee compensation systems. It covers salaries, wages, incentives, benefits, and compensation policies to ensure fair, competitive, and legally compliant employee pay.

Subject Objectives (Brief):

  1. Understand the principles and concepts of compensation administration.
  2. Learn how to design fair and equitable compensation systems.
  3. Analyze factors affecting employee salaries, wages, and benefits.
  4. Apply compensation strategies to support employee motivation and organizational goals.
  5. Ensure compensation practices comply with labor laws and policies.
  6. Develop skills in evaluating and administering employee rewards and benefits.