smu MBA assignments Fall 2014

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ASSIGNMENT
DRIVE FALL 2014
PROGRAM MBADS (SEM 4/SEM 6)
MBAFLEX/ MBA (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 of Job Evaluation. Describe the 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
5
10
Explain the merits and demerits of Incentives
5
3 Discuss the types of managerial remuneration. Explain the elements of a
managerial remuneration
Explain the types of managerial remuneration
Explain the elements of a managerial remuneration
2
8
10
4 Define Pay Structure. What are its objectives? Explain the major decisions involved
in designing and setting competitive pay structures
Definition of Pay Structure
Objectives of Pay Structure
Explain the major decisions involved in designing and setting
competitive pay structure
2
2
6
10

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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
6 Write a short note on the following:
a)Wage Policy Plan in India
b)Voluntary Retirement Scheme(VRS)
Wage Policy Plan in India
Voluntary Retirement scheme
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.