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MU0015- COMPENSATION AND BENEFITS – Summer 2015

 

ASSIGNMENT

 

 

DRIVE SUMMER 2015
Program MBADS (SEM 4/SEM 6) MBAFLEX/ MBA (SEM 4) PGDHRMN (SEM 2)
Subject code & name MU0015- COMPENSATION AND BENEFITS
Book ID B1859
Credits & Marks 4 CREDITS, 60 MARKS

 

* 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.SMU MBA SUMMER 2015-2016 solved Assignments are available now. (10 years of Excellency)

 

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Q.

No

Question Marks Total Marks
1 Explain    compensation   as    a    retention    strategy.    Describe                 the significant compensation issues.   10
  Compensation as a retention strategy 2
Significant compensation issues 8
2 Explain the steps involved in designing a salary structure. List the components of pay structure.   10
  Explanation of steps involved in designing a salary structure 7
Listing the components of pay structure 3
3 Define the term ‘wage’. Write a brief note on ‘wage policy’.   10
  Definition of ‘wage’ 2
Brief note on ‘wage policy’ 8
4 Explain the concept of ‘tax planning’ with an example. Explain its

role in Compensation Benefits.

  10
  Concept of tax planning 5
Role of ‘tax planning’ in compensation benefits 5
5 Define ‘reward management’. What are its aims? Explain the

factors affecting reward management policies in service sector.

  10
  Definition of reward management 2
Aims of reward management 2
Factors affecting reward management policies in service sector 6

 

6 Who are ‘Expatriates’? What are the objectives of ‘Expatriate compensation’? Differentiate between Financial (extrinsic) compensation and Non-financial (intrinsic) compensation.   10
  Meaning of expatriates

Objectives of expatriate compensation

Difference between Financial compensation & Non-financial compensation

2

3

5

 

 

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