Exam Details

Subject compensation and reward management
Paper
Exam / Course m.b.a.
Department
Organization Institute Of Aeronautical Engineering
Position
Exam Date June, 2018
City, State telangana, hyderabad


Question Paper

Hall Ticket No Question Paper Code: CMB422
INSTITUTE OF AERONAUTICAL ENGINEERING
(Autonomous)
MBA IV Semester End Examinations (Regular) May/June, 2018
Regulation: IARE-R16
Compensation and Reward Management

Time: 3 Hours (Elective Human Resource) Max Marks: 70
Answer ONE Question from each Unit
All Questions Carry Equal Marks
All parts of the question must be answered in one place only
UNIT I
1. Discuss the role of compensation management in an organization.
What are the various principles of compensation management.
2. What are the factors responsible for intra and external-industry compensation differentials? Give
suitable examples to support your answer.
Explain the various consequences of pay dissatisfactions among employees.
UNIT II
3. What is job evaluation? Write any two methods of job evaluation with examples.
You have been asked to conduct a compensation survey by your management, discuss what
process you will follow?
4. Prepare a cost to company structure for the position of a sales trainee in a retail industry.
If you are HR Manager of a multinational organization, what compensation management process
wiil you follow to make on time and accurate salary payment to your employees.
UNIT III
5. Discuss how Maslow's hierarchy of needs theory affects the organization benefits policy with
suitable example.
Discuss how the performance appraisal helps in compensation management?

6. Explain the various types of fringe benefits and write suitable examples.
Is incentive a bribe? Critically evaluate the statement and justify your answer with appropriate
reasoning.
Page 1 of 2
UNIT IV
7. Explain the various types of executive pay and packages.
What are the objectives of incentive plans and write the advantages of incentive plans.
8. Explain the factors influencing on executive compensation.
Distinguish between fixed pay performance and pay performance. If performance pay is better,
justify your answer.
UNIT V
9. If you are HR Manager of a retail organization which type of compensation strategy will you
prefer among the following:
i. Pay based on position
ii. Pay based on person and
iii. Pay based on performance.
"In this era of talent wars, compensation structures have lost their utility" evaluate the statement
with examples to justify your answer.
10. Imagine that you are starting a food business. Prepare a compensation plan to your employees.

Discuss various challenges involved in compensation management.


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  • e- marketing
  • entrepreneurial development
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