A serious academic work on a theme few would like to operate, this volume examines the structure and trends in compensation in public and private enterprises and multinational corporations in India. It suggests an innovative paradigm for compensation management in public enterprises in order to enhance their productivity, their national and international competitiveness, and their bond with public enterprises. Discussing some novel concepts, such as the cost to company, performance related pay, and employee stock option plans, this book also includes engaging interactions with policy makers and executives.