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Introduction to Compensation
 
Components Of Compensation
 
Types Of Compensation
 
Payroll Management
 
Payroll Outsourcing
 
INCENTIVE MANAGEMENT
 
Indian Industry
 
 
 
 

Entry Level Compensation Packages

 
Hospitality Sector offers lucrative packages to fresh graduates. An individual needs to complete a full time or part time degree or certification course to enter the promising industry. The compensation packages offered vary from job to job, segment to segment and brand to brand. For example, a pilot in some private airlines gets a very high package than a driver in a roadways organization. But the industry offers heavy returns to the owners of the business enterprises.

Hotel Industry
An individual who wish to join the hotel industry needs to have a certification course or diploma/degree in hotel management. Of course there are many low grade restaurants and other family restaurants and
hotels where these certifications are not required but there the compensation packages are very less. The brand names such as ITC hotels, Hyatt Regency, Oberoi Hotel and Leela Hotels offer high lucrative packages with heavy perks and incentives. But these organizations look for diploma/degree holders. An individual must possess the following skills to fulfill his/her salary expectations:

  • Effective Communication Skills


  • Specialized Skills


  • Strong Commitment Level


  • Willingness to Work at Stretch


  • Team-oriented


  • Willingness to Work in Shifts
Tourism Industry

Tourism industry also offers very promising compensation packages. There are various job openings in the sector. One can start his/her career in any of the sub segments. There are growth opportunities in railways, airlines, roadways and crews. There are both public and private organizations dominating the sectors. Crews and Airlines offer most lucrative packages to fresh graduates. They look for degree/diploma holders. Top players such as Air India, Indian Airlines, Deccan Airways, Indian Railways, DTC, BEST, Shipping Corporation of India Ltd are offering most competitive packages to their employees. One needs to have some skills and attributes to start his/her career in the industry. The desired skills are:

  • Effective Communication Skills


  • Specialized Skills


  • Strong Commitment Level


  • Willingness to Work at Stretch


  • Team-oriented


  • Willingness to Travel


  • Willingness to Work in Shifts
 
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