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The document contains instructions for a semester 4 MBA assignment on compensation benefits. It lists 6 questions to answer within 6-8 pages.
The questions cover: 1) Elements of compensation packages and their explanation. 2) Importance of employee satisfaction and its link to compensation. 3) Definition of pay structure and why it's important to develop a proper structure. 4) Components of wages and employee participation in wage fixation. 5) Definition of cost-to-company, its explanation and components. 6) Definition of strategy and a brief note on strategic compensation planning.
The document contains instructions for a semester 4 MBA assignment on compensation benefits. It lists 6 questions to answer within 6-8 pages.
The questions cover: 1) Elements of compensation packages and their explanation. 2) Importance of employee satisfaction and its link to compensation. 3) Definition of pay structure and why it's important to develop a proper structure. 4) Components of wages and employee participation in wage fixation. 5) Definition of cost-to-company, its explanation and components. 6) Definition of strategy and a brief note on strategic compensation planning.
Copyright:
Attribution Non-Commercial (BY-NC)
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Als PDF, TXT herunterladen oder online auf Scribd lesen
The document contains instructions for a semester 4 MBA assignment on compensation benefits. It lists 6 questions to answer within 6-8 pages.
The questions cover: 1) Elements of compensation packages and their explanation. 2) Importance of employee satisfaction and its link to compensation. 3) Definition of pay structure and why it's important to develop a proper structure. 4) Components of wages and employee participation in wage fixation. 5) Definition of cost-to-company, its explanation and components. 6) Definition of strategy and a brief note on strategic compensation planning.
Copyright:
Attribution Non-Commercial (BY-NC)
Verfügbare Formate
Als PDF, TXT herunterladen oder online auf Scribd lesen
MU0015 Compensation Benefits (Book ID: B1336) Note: Assignment (60 marks) must be written within 6-8 pages. Answer all questions. Kindly note that answers for 10 marks questions should not exceed 400 words. Q1. Discuss the elements of compensation package. (listing the elements of compensation package 2, explanation 8) Q2. Describe the importance of employee satisfaction. Explain the link between employee satisfaction and compensation. (meaning of employee satisfaction 2, importance 4, explanation of link 4) Q3. What is pay structure? Explain why it is necessary to develop a proper pay structure. Mention the factors to be determined and steps for developing pay structures. (meaning of pay structure 1, reason for developing a proper pay structure 4, explanation of factors 2, explanation of steps 3) Q4. Explain the components of wages. Explain employee participation in wage 10 marks fixation. (listing the components 2, explanation on components of wages 4, explanation on employee participation 4) Q5. Describe Cost-to-Company and list its components. (meaning of CTC 3, explanation 5, listing the components 2) Q6. What is meant by strategy? Write a brief note on Strategic compensation planning. (meaning of strategy 2, meaning of strategic compensation planning 2, explanation on strategic compensation planning 6) 10 Marks 10 marks 10 marks 10 marks