Concept and models of compensation: Laws of compensation benefit, The economics of compensation, Works, Workers and Organisations, Quantitative methods in human resources;  Compensation strategy: Goals, strategy and factors, Employment contract, Outsourcing and off shoring, Wage levels and its determinants; Compensation benefits and surveys: Wage and salary structure concepts, Job analysis, Job evaluation, Wage structure design, Individual wage and salary determination, Performance-based pay, Competency-based pay; Managerial and executive compensation: Supervisory and managerial compensation, Executive compensation, Employee benefit programs, Characteristics of employee benefits; Compensation relocation and administration: Compensation planning and control, Discrimination in pay, International remuneration, Relocation of employees, Office relocation.