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NCM HR students attended Workshop as on 29th Oct,2016 conducted by ACE Foundation in association with MSME, (Govt. organization).



Date: 30 Nov 2016

NCM  HR students attended Workshop as on 29th Oct,2016  conducted by ACE Foundation in association with MSME, (Govt. organization).

The workshop was conducted at ACE hall, Vadodra on 29 Oct, 2016 on 10:30 am onwards.
·         Two Student Attended the Workshop from NCM: Karishma Kadu & Resha parikh
·    
         Eminent Speaker : Kaushal Kumar V.P, Reliance
·    
        Objectives of the Workshop was:-

-To understand the compensation how it is given to different types of employees on the basis of grades and types.
-To know the current and upcoming trends in compensation and rewards to be given.

·         Key Learning:-

-The speaker started with the current scenario in industries about how the compensation is given .example was related to reliance
-The rewards to be given to employees where the employees have been classified according to their jobs, grades given to them.
-The methods for job evaluation and how to pay them according to their job.
-The application of acts like Employee State Insurance Act, Gratuity Act, Bonus Act, etc.
-They also taught to evaluate the compensation given to types of workers specifically like manual, knowledge, Chief executives.

·         Benefits:-

-It would be helpful as we got more knowledge about the compensation.
-It would be helpful for my Academics purpose.

-As it is associated with MSME an Government organization so its of worth.

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