IGNOU MS-27
- Wage and Salary Administration,
Latest Help Book Edition

MS-27 English Topics Covered

Block 1 - Compensation - Concept and Context

• Unit 1 - Role of Compensation and Rewards in Organisation
• Unit 2 - Economic and Behavioural Issues in Compensation
• Unit 3 - Framework of Compensation Policy

Block 2 - Legal Framework of Wage and Salary Administration

• Unit 1 - Wage Concepts and Definition of Wages Under Various Labour Legislation
• Unit 2 - Constitutional Perspective, International Labour Standards, and Norms for Wage Determination
• Unit 3 - Law Relating to Payment of Wages and Bonus
• Unit 4 - Regulation of Minimum Wages and Equal Remuneration
• Unit 5 - Law Relating to Retrial Benefits

Block 3 - Compensation Structure and Differentials

• Unit 1 - Pay-Packet Composition
• Unit 2 - Institutional Mechanisms for Wage Determination
• Unit 3 - Job Evaluation and Internal Equity
• Unit 4 - External Equity and Pay Surveys

Block 4 - Reward System, Incentives and Pay Restructuring

• Unit 1 - Design of Performance Linked Reward System
• Unit 2 - Incentives for Blue and White Collars
• Unit 3 - Bonus Profit Sharing and Stock Options
• Unit 4 - Allowances and Benefits
• Unit 5 - Downsizing and Voluntary Retirement Scheme

Block 5 - Emerging Issues and Trades

• Unit 1 - Tax Planning
• Unit 2 - Comparative International Compensation
• Unit 3 - Overview of Future Trends in Compensation Management

Previous Year Solved Question Papers Included

MS-27 English (Total-12, Solved-5, Unsolved-7)

• June (2008-2022)
• December (2007-2022)

MS-27 Help Book Details