DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, DECEMBER 2017.
Third Semester
COMPENSATION MANAGEMENT
(Upto 2012-13 Academic Year and 2013 Calendar Year)
Time Three hours Maximum 100 marks
SECTION A — X 8 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. Define: Compensation Management, explain the
component of compensation.
2. Explain the pay structure designing process.
3. Write short notes on profit sharing with suitable
examples.
4. Explain the micro and macro economic factors on
compensation.
5. Describe the various wage types of theories.
6. Explain the compensation parameters with suitable
examples.
7. Explain the role of compensation as a motivator.
8. Describe the various legislation regarding on
compensation.
Sub. Code
36
DE-2886
2
wk11
SECTION B — × 15 60 marks)
Answer any FOUR questions.
9. Briefly describe the evaluation of various compensation
theories.
10. Describe the wage fixation process.
11. Explain the techniques used in compensation
measurement.
12. Explain the various non monetary incentive schemes
with suitable examples.
13. Briefly discuss the wage curves and wage structure.
14. Explain the rules regarding payment of Wage Act.
15. Briefly explain the employ stock option with suitable
examples.