Scribd
Upload
361 views

Compensation Management

The document is an exam for an MBA compensation management course. It contains 12 questions across two sections. The questions cover topics such as defining compensation, types of compensation, compensation acts in India, job evaluation methods, wage vs salary differences, performance appraisal techniques, short and long term incentives, and designing reward programs.

Uploaded by

Chirack Singh Tony Antony
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
361 views

Compensation Management

The document is an exam for an MBA compensation management course. It contains 12 questions across two sections. The questions cover topics such as defining compensation, types of compensation, compensation acts in India, job evaluation methods, wage vs salary differences, performance appraisal techniques, short and long term incentives, and designing reward programs.

Uploaded by

Chirack Singh Tony Antony
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as DOC, PDF, TXT or read online on Scribd
You are on page 1/ 1

ANNA UNIVERSITY COIMBATORE MBA DEGREE EXAMINATIONS DECEMBER - 2009 SECOND SEMESTER 102056 - COMPENSATION MANAGEMENT TIME : 3 HOURS

PART A ANSWER ANY FIVE QUESTIONS (5 x 4 = 20 MARKS) MAX.MARKS : 100

1. 2. 3. 4. 5. 6. 7. 8.

Define the term Compensation? What are the basic types of compensation? List the objectives of compensation. What are the Acts that are associated with compensation in the Indian legal system? Name them. What do you understand by the term job evaluation? What is its importance? Define the terms Wage and Salary. What is the difference between the two? Write short notes on point factor method of job evaluation. List out the key elements of job description. What do you understand by the term Deferred compensation plan? What are its disadvantages.

PART B ANSWER ALL QUESTIONS


9. a) Write in detail about the recent trends in compensation system in India. (OR) b) Write short notes on; i) Division of labour. ii) Minimum wages Act. iii) Methods of collecting job data. 10.a) Write in detail about the job ranking and market pricing approach of job evaluation. Write the merits and demerits of each. (OR) b) What is performance appraisal? Why is it necessary Write notes on any four methods of performance appraisal?

(4 x 16 = 64 MARKS)

(2x4=8) (1x8=8)

11.a) Discuss in detail various short term incentives and long term incentives Offered to employees. (OR) b) Why is a job evaluation survey necessary? What are the steps involved? List out the advantages of carrying out a job evaluation survey? 12.a) Describe the steps involved in designing a rewards program. (OR) What are the different types of rewards? Describe any three in detail. b)

You might also like