assignments semester 4- compensation and benefits
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ASSIGNMENT
|
|
|
|
PROGRAM |
MASTER OF
BUSINESS ADMINISTRATION (MBA) |
|
SEMESTER |
IV |
|
course
CODE & NAME |
hrm401 – compensation & Benefits |
|
CREDITS |
4 |
|
nUMBER OF
ASSIGNMENTS & Marks |
02 30 Marks each |
Note: Answer all questions. Kindly note that answers for 10 marks
questions should be approximately of 400 - 450 words. Each question is followed
by evaluation scheme.
|
Q.No |
Assignment Set – 1 Questions |
Marks |
Total Marks |
|
1.
|
Explain the
concept of Compensation Management by briefly explaining the 3p Parameters. |
4+6 |
10 |
|
2.
|
Explain
compensation management and different compensation components under both
Indirect and Direct Compensation. Explain the process of value-based
compensation design with a structure. |
5+5 |
10 |
|
3.
|
Explain
the objective of Performance Management. Briefly explain the process of
Performance Management by depicting it through a flow chart. |
5+5 |
10 |
|
Q.No |
Assignment Set – 2 Questions |
Marks |
Total Marks |
|
4.
|
Define the methods, systems and processes of
job evaluation. Explain the concept of
Equity at both the Internal & External levels. |
5+5 |
10 |
|
5.
|
Define the Voluntary Retirement Scheme (VRS)
concept and the reasons for adopting VRS. List Merits & Demerits of VRS? |
5+5 |
10 |
|
6.
|
Explain the principles of Managerial
Remuneration. Briefly elucidate
important features of Executive Compensation and elements of Managerial
Remuneration. |
10 |
10 |
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