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Guest Talk by Mr Dheeraj Shetty Plant Head HR Indo MIM Pvt Ltd

06-Sep-2016

Department of Business Administration organised guest talk by Mr. Dheeraj Shetty, Plant Head HR, Indo MIM Pvt. Ltd on the topic “Compensation Structure in India” for HR Students. In his lecture he stated that, Compensation is one of the most critical factors which has a direct bearing on the company’s recruitment rate, retention rate and employee satisfaction, hence HR must take extra care while designing the pay structure. He also emphasized the need for understanding the legalities that works in the framework of Compensation and one needs to imbibe these while planning out the pay structure.

He gave a bird’s eye view of the mechanism that prevails in structuring the compensation in the organization. He also conducted practical session on pay roll administration.

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