MU0015 –Compensation and Benefits

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DRIVE	WINTER 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

1 Discuss the contents of Job Evaluation. Describe the process of Job evaluation

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 of Incentives

3 Discuss the types of managerial remuneration. Explain the elements of a managerial remuneration

4 Define Pay Structure. What are its objectives? Explain the major decisions involved in designing and setting competitive pay structures

5 Explain the criterias considered for rewarding the employees for their good service

6 Write a short note on the following:

a)Wage Policy Plan in India

b)Voluntary Retirement Scheme(VRS)

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