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Syllabus of University of Pune MPM Semester III-Labour Costing & Compensation Management
Labour Costing & Compensation Management (303)
Costs -Various concepts, Elements of cost, Cost Sheet-Orientation & understating of problems.
Various Statutory Requirements related to Cost of Labour Cost Benefit Analysis of important HR functions
Labour turnover & Productivity & Cost associated Ideal Labour
Salary Calculations -Component deductions, disbursement & control
Elements of compensation, Principles of determination of compensation Incentives,
its place in compensation. Indian Industry, Practices of Incentives, Designing sound
Incentive Schemes for direct and indirect workers
Incentive schemes for employees in service industries
Cost Accounting - Jawahar Lal
Labour Cost and Accounting – Sadanand Degaonkar
Cost Accounting – B. K. Bhar
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