Exam Details
| Subject | employee compensation management | |
| Paper | ||
| Exam / Course | pg diploma in human resource management | |
| Department | ||
| Organization | acharya nagarjuna university-distance education | |
| Position | ||
| Exam Date | May, 2018 | |
| City, State | new delhi, new delhi |
Question Paper
Total No. of Questions 08] [Total No. of Pages 02
EXECUTIVE M.B.A. DEGREE EXAMINATION, MAY 2018
First Second Years
C-HUMAN RESOURCE MANAGEMENT
Employee Compensation Management
Time 3 Hours Maximum Marks :70
SECTION A
Answer any three questions. x 5 15)
Q1) Fair wage.
Adjudication.
Productivity.
Wage board.
Pay commissions.
Compensation.
SECTION B
Answer any three questions. x 15 45)
Q2) Explain in detail the wage policy in India.
Q3) Describe the procedure for statutory wage fixation.
Q4) Explain the methods of wage payment.
Q5) Explain the procedure for installing incentive system.
Q6) Explain the recent trends in managerial compensation.
Q7) Discuss the role of H.R. department in compensation management.
SECTION C
(Compulsory) (10 Marks)
Q8) Case Study
Last year, and in three of the five preceding years.NPC India incurred heavy
losses. Although a large conglomerate, NPC has found these losses hard to
accept and has sought to place a freeze on wage increases for its executives.
However, after conferring with the Directors, CEO has decided to offer non
financial incentives. His reasoning was that the competition was headhunting,
and to make such a blatant no-increase statement might cause the more
promising executives to leave the organisation. This, he felt, would be extremely
detrimental. He believed that when times were tough, as they had been, that is
when excellent managers are needed. Losing them now could only snowball the
decline. Accordingly, the Board of Directors has voted to provide each executive
with a membership in the local health club. While considered a permanent perk
and in lieu of a raise this year, the board rationalized that managing the
corporation in the months ahead would be extremely stressful and that this
membership would be a means of reducing the stress while enabling the
executives to become healthier.
Unfortunately, however, the perk was not enough. Grumbling about the chain of
events, two executives jumped ship. The ones that stayed did so because of their
time invested in the company's pension. However, they too were upset over the
board's decision.
Questions:
How could this perk have been offered or marketed better to these
executives?
What do you believe is the reason why most of the executives did not find the
perk rewarding?
Faced with a similar dilemma, what would you have done if you had been the
chairman of the Board? What would you do now that the executives are
upset?
EXECUTIVE M.B.A. DEGREE EXAMINATION, MAY 2018
First Second Years
C-HUMAN RESOURCE MANAGEMENT
Employee Compensation Management
Time 3 Hours Maximum Marks :70
SECTION A
Answer any three questions. x 5 15)
Q1) Fair wage.
Adjudication.
Productivity.
Wage board.
Pay commissions.
Compensation.
SECTION B
Answer any three questions. x 15 45)
Q2) Explain in detail the wage policy in India.
Q3) Describe the procedure for statutory wage fixation.
Q4) Explain the methods of wage payment.
Q5) Explain the procedure for installing incentive system.
Q6) Explain the recent trends in managerial compensation.
Q7) Discuss the role of H.R. department in compensation management.
SECTION C
(Compulsory) (10 Marks)
Q8) Case Study
Last year, and in three of the five preceding years.NPC India incurred heavy
losses. Although a large conglomerate, NPC has found these losses hard to
accept and has sought to place a freeze on wage increases for its executives.
However, after conferring with the Directors, CEO has decided to offer non
financial incentives. His reasoning was that the competition was headhunting,
and to make such a blatant no-increase statement might cause the more
promising executives to leave the organisation. This, he felt, would be extremely
detrimental. He believed that when times were tough, as they had been, that is
when excellent managers are needed. Losing them now could only snowball the
decline. Accordingly, the Board of Directors has voted to provide each executive
with a membership in the local health club. While considered a permanent perk
and in lieu of a raise this year, the board rationalized that managing the
corporation in the months ahead would be extremely stressful and that this
membership would be a means of reducing the stress while enabling the
executives to become healthier.
Unfortunately, however, the perk was not enough. Grumbling about the chain of
events, two executives jumped ship. The ones that stayed did so because of their
time invested in the company's pension. However, they too were upset over the
board's decision.
Questions:
How could this perk have been offered or marketed better to these
executives?
What do you believe is the reason why most of the executives did not find the
perk rewarding?
Faced with a similar dilemma, what would you have done if you had been the
chairman of the Board? What would you do now that the executives are
upset?