DISTANCE EDUCATION
M.B.A. DEGREE EXAMINATION, MAY 2017.
Third Semester
COMPENSATION MANAGEMENT
(Upto 2012-13 Academic year and 2013 Calendar year)
Time Three hours Maximum 100 marks
SECTION A — 8 40 marks)
Answer any FIVE questions.
All questions carry equal marks.
1. Explain briefly the micro economic factors to be
considered for pay and compensation.
2. Write a note on the importance of price level and
compensation factors in wage fixation.
3. Briefly discuss on the pay fixation process.
4. What are the different incentive plans? Explain in brief.
5. What do you know about profit sharing under employee
incentive? Do you think that this would suitable for
Indian firms? Explain.
6. What is meant by performance linked compensation?
Explain.
7. What are the objectives of Payment of Wages Act?
8. Write a note on compensation for knowledge personnel.
Sub. Code
36
DE-583
2
wk14
SECTION B — × 15 60 marks)
Answer any FOUR questions.
All questions carry equal marks.
9. Explain any two theories of wages.
10. Discuss in detail the job and personnel factors that
influence wage fixation.
11. Explain the meaning of fringe benefits and perquisites.
What are the different types of perquisites given to
employees in India?
12. Discuss in detail on employee stock option plan in India.
13. What is performance measurement? How do you measure
performance? Explain with example.
14. On what basis are minimum wages declared and at what
level are minimum wages determined under Payment of
wages Act?
15. Why does executive compensation differ from
compensation of other employees? What are the factors
that affect executive compensation?