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...Compensation management mba second year human resource school of distance education bharathiar university coimbatore author b d singh copyright all rights reserved produced and printed by excel books private limited a naraina phase i new delhi for contents page no unit lesson wage salary theory wages ii planning improved competitiveness internal external equity in iii incentives fringe benefits iv plans retirement plan v social security laws bonus model question paper syllabus administration nature scope determination process factors influencing theories types time rate piece debt method differentials diagnosis bench marking obtaining commitment inter intra industry systems definition individual measured day work standard hour gain sharing its advantages disadvantages organization wide scanlon kaiser profit non financial objectives group variable pay performance seniority production employee stock ownership basic provisions dearness allowance calculation total package various methods c...