smu mba semester 4 assignments

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ASSIGNMENT
DRIVE SPRING 2014
PROGRAM MBADS (SEM 4/SEM 6)
MBAFLEX/ MBAN2 (SEM 4)
PGDHRMN (SEM 2)
SUBJECT CODE &
NAME
MU0015 –Compensation and Benefits
BK ID B1859
CREDIT & MARKS 4 Credits, 60 marks
Q.No Questions Marks Total
Marks
1 Discuss the contents and process of Job evaluation
Explain the contents of Job Evaluation
Explain the process of Job Evaluation
3
7
10
2 Suppose you are a HR Manager and you are asked to develop an effective Incentive
Scheme for your organization. What are the pre-requisites you will consider while
developing an Effective Incentive Scheme? Discuss the merits and demerits of
Incentives
Explain the pre-requisites for an Effective Incentive Scheme
Explain the merits and demerits of Incentives
5
5
10
3 Discuss the types of managerial remuneration. Explain the elements of a
managerial remuneration
Explaining the types of managerial remuneration
Explaining the elements of a managerial remuneration
2
8
10
4 What do you mean by reward management? Explain the factors affecting Reward
Management policies in service sector.
Meaning of Reward Management
Explain any eight factors affecting Reward Management policies
2
8
10
5 Explain the criteria’s considered for rewarding the employees for their good service
Explanation of the criteria’s responsible for rewarding the
employees
10 10

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6 Write a short note on the following:
a)Compensation policies
b)Economic determinants of pay
Concept and Aims of Compensation policies
Concept of Economic Determinants of Pay
5
5
10
Note – Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.