Remuneration System in University Organisation of Madhya Pradesh: An Overview

One of the most important factors in human resource management is compensation management. The soundness of compensation management depends upon the amount of wage or salary paid to an employee for a fair days work. Despite the conclusions of morale studies, wage or salary is significant to most of the employees as it constitutes a major share of their income. In this research paper, an attempt has been made to assess the policies concerned with the remuneration system and satisfaction status of non-teaching staff of APS University Rewa. The hypothesis of this research works the prevailing policies and practices of remuneration of the university are congenial and there is high degree of satisfaction in relation to salary. Result indicates that the satisfaction score in relation to remuneration appears average for group A, very good for group B, and extremely poor for group C. The overall score of the university are extremely poor/ unsatisfactory. Therefore, the hypothesis stands rejected.