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ACKNOWLEDGEMENT I acknowledge my gratitude and thank all the well knowledged persons for giving me opportunity to avail all the best facilities available at this LIC branch through which I have gained knowledge thinking so as to adjust in the environment suitable for harmonic adjustment. I take this opportunity to thank all those people who helped me in successful completion of my training and helped me in learning a lot of new things and meeting people whose thoughts and insight helped me in increasing my knowledge and understanding.Last but not the least; I thank my teacher, friends and my family members for their constant encouragement. I am grateful to the following persons for various help rendered by them during the Project Report. Mr. Ashish Jain Without their constant support , it would have been very difficult to successfully complete this training .

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ACKNOWLEDGEMENT

I acknowledge my gratitude and thank all the well knowledged persons for giving me opportunity to avail all the best facilities available at this LIC branch through which I have gained knowledge thinking so as to adjust in the environment suitable for harmonic adjustment.

I take this opportunity to thank all those people who helped me in successful completion of my training and helped me in learning a lot of new things and meeting people whose thoughts and insight helped me in increasing myknowledge and understanding.Last but not the least; I thank my teacher, friends and my family members for their constant encouragement.

I am grateful to the following persons for various help rendered by them during the Project Report.

Mr. Ashish Jain Without their constant support , it would have been very difficult to successfully complete this training .

(ASHIMA SULTAN)

DECLARATIONI declare that the training report titled:

EMPLOYEE COMPENSATION IN PRIVATE SCHOOLIs my own work conducted under the guidance of Mr. Ashish Jain To the best of my knowledge the report does not contain any work, which has been, submitted for the award of any degree anywhere.

ASHIMA SULTAN MBA IIIRD SEM.

PREFACE

MBA istheoneofthemostreputedprofessionalcouresinthefieldofManagement .It includes theory as wellas practicalknowledge. Project report is an integral part ofMBA (HR) programme, as through this students acquire knowledge ofreal happenings of the surroundings. So each student at INFINITY MANAGEMENT AND ENGINEERING COLLAGE SAGAR need to submit a Project report.

Someonehasgreatlysaidthatpracticalknowledgeisfarbetterthanclass room teaching. During this training I have fully realized this and came to know about the level of satisfaction of getting trained. infinity management & engineering college, sagar (m.p.)

A PROJECT REPORT ON EMPLOYEE COMPENSATION IN PRIVATE SCHOOL

Submitted in partial fulfillment for the award of degree of

MASTER OF BUSINESS ADMINISTRATIONSUTMITTED TOSUBMITTED BY

MR. AHISH JAINASHIMA SULTAN

DR. HARI SINGH GOUR UNIVERSITY, SAGAR (MP)

2015-16