{"id":4941,"date":"2022-05-01T18:46:00","date_gmt":"2022-05-01T18:46:00","guid":{"rendered":"https:\/\/www.isbr.in\/blogs\/?p=4941"},"modified":"2022-05-15T18:56:39","modified_gmt":"2022-05-15T18:56:39","slug":"industry-practices-on-compensation-and-benefits-for-managerial-and-non-managerial-employees","status":"publish","type":"post","link":"https:\/\/www.isbr.in\/blogs\/industry-practices-on-compensation-and-benefits-for-managerial-and-non-managerial-employees\/","title":{"rendered":"Industry Practices on Compensation and Benefits (For Managerial and Non- Managerial employees)"},"content":{"rendered":"\n<p>Brief Profile of Speaker \u2013<br>Mr. Venkatasamy Babu VP and Head HR, Wheels India LTD, Chennai. He is presently managing white-collar and ER\/IR across PAN India. He is a certified compensation and benefits specialist from AON. He had worked in Bosch limited from June 1992 to August 2020 in various capacities like Senior HR Business Partner, HR Project Management, Training and development, country process expert (CPE) for compensation and benefits, competence management, and performance management.<\/p>\n\n\n\n<p><strong>Organized by:-<\/strong><br>Dr. A. Narasima Venkatesh, Professor and HOD- HRM and General Management<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"751\" height=\"536\" src=\"https:\/\/www.isbr.in\/blogs\/wp-content\/uploads\/2022\/05\/IMG20220430113027.jpg\" alt=\"\" class=\"wp-image-4943\" srcset=\"https:\/\/www.isbr.in\/blogs\/wp-content\/uploads\/2022\/05\/IMG20220430113027.jpg 751w, https:\/\/www.isbr.in\/blogs\/wp-content\/uploads\/2022\/05\/IMG20220430113027-300x214.jpg 300w\" sizes=\"auto, (max-width: 751px) 100vw, 751px\" \/><\/figure>\n\n\n\n<p>Mr. Sanjay Mitra Manager -HR, ITC Limited, Bangalore: He has diverse industry experience in the sector like FMCG, Pharmaceutical, consumer durables, exposure across the value chain- R&amp;D, Manufacturing supply chain, operations, and service. His past work experience includes General Manager- HR and ID fresh food (India) private ltd. Senior Manager- HR at coffee day beverages, associate director-Mylan laboratories Ltd. He has acquired detailed experience in Mergers, Acquisitions, and the start-up phase of the organization\u2019s life cycle.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"743\" height=\"527\" src=\"https:\/\/www.isbr.in\/blogs\/wp-content\/uploads\/2022\/05\/IMG20220430130332.jpg\" alt=\"\" class=\"wp-image-4944\" srcset=\"https:\/\/www.isbr.in\/blogs\/wp-content\/uploads\/2022\/05\/IMG20220430130332.jpg 743w, https:\/\/www.isbr.in\/blogs\/wp-content\/uploads\/2022\/05\/IMG20220430130332-300x213.jpg 300w\" sizes=\"auto, (max-width: 743px) 100vw, 743px\" \/><\/figure>\n\n\n\n<p><br>Abstract\/Snapshot:<br>The process of managing, assessing, and determining each employee&#8217;s wage, incentives, and perks is known as compensation management. Compensation managers strive to recruit, retain, and engage people by providing a variety of competitive compensation schemes while staying within the business budget.<\/p>\n\n\n\n<p><br>Flow of event<br>\uf0b7 Invocation \u2013 Ms. Kamalapriya. PGDM (3 rd trimester)<br>\uf0b7 Session 1 Welcome Address for managerial employees- Mr. Eshant Gupta PGDM (3rd trimester)<br>Vote of Thanks for managerial employees- Ms. Saptadipa Sarkar PGDM (3 rd trimester)<br>\uf0b7 Session 2 Welcome Address for non-managerial employees-Ms. Danish Tharani PGDM (3 rd trimester)<\/p>\n\n\n\n<p><br><strong>Vote of Thanks f<\/strong>or non-managerial employees- Mr. Himanshu Mandal PGDM (3 rd trimester)<br>\uf0b7 Keynote about Industry Practices on Compensation and benefit for managerial and non-managerial employees.<br>\uf0b7 Compering by- Ms. Nandani Soni PGDM (3 rd trimester)<\/p>\n\n\n\n<p><br>Learnings from the event:<br>We learnt role compensation and benefit manager in an organization , job description of compensation and benefits, salary and its components of compensation and benefits manager in different industries. We also learnt how to become a compensation benefit manager in an organization.<\/p>\n\n\n\n<p><br>Feedback from students:<br>Students found this session quite engaging and interactive. They got to learn the role of compensation and benefit manager in an organization , job description of compensation and benefits, salary and its components of compensation and benefits manager in different industries. We also learnt how to become a compensation benefit manager in an organization. Students are looking forward to more such workshop which helps them gain knowledge.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-pullquote\" style=\"border-color:#ff6900\"><blockquote><p>About ISBR: ISBR Business School, Bangalore-based, Top Class B School for PGDM or MBA, Consistently ranked as best B School in India, AICTE-CII Platinum Category, with multiple specializations.<\/p><\/blockquote><\/figure>\n\n\n\n<p><\/p>\n\n\n\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Brief Profile of Speaker \u2013Mr. Venkatasamy Babu VP and Head HR, Wheels India LTD, Chennai. He is presently managing white-collar<\/p>\n","protected":false},"author":1,"featured_media":4942,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[193],"tags":[528,1352,1362,1353,1361,1357,1337,1359,1355,1351,1350,1358,1360,1363,1354,1356],"class_list":["post-4941","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-guest-lectures","tag-bangalore","tag-benefits","tag-bosch","tag-competence-management","tag-consumer-durables","tag-country-process-expert-cpe","tag-dr-a-narasima-venkatesh-2","tag-fmcg","tag-hr-project-management","tag-itc-limited","tag-mr-sanjay-mitra-manager-hr","tag-mr-venkatasamy-babu-vp","tag-pharmaceutical","tag-professor-and-hod-hrm-and-general-management","tag-senior-hr-business-partner","tag-training-and-development"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Industry Practices on Compensation and Benefits (For Managerial and Non- Managerial employees) - ISBR Blog<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.isbr.in\/blogs\/industry-practices-on-compensation-and-benefits-for-managerial-and-non-managerial-employees\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Industry Practices on Compensation and Benefits (For Managerial and Non- Managerial employees) - ISBR Blog\" \/>\n<meta property=\"og:description\" content=\"Brief Profile of Speaker \u2013Mr. Venkatasamy Babu VP and Head HR, Wheels India LTD, Chennai. 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