Topic : A Comparative study of Compensation and Reward System

across IT companies in India.

Dear Sir/madam,
Its my privilege that to interact with you and incorporate the kind inputs given by you in
my effort to study the compensation system at IT companies
I would be very thankful to you if you would fill up the following questionnaire and
obliged me with appropriate responses.
Q.1 Does the company have,
a) Fixed pay system
b)Variable pay system
c)Both
AnsQ.2 What are the components of compensation structure in your organization?
a) Basic
b) Conveyance allowance
c) House rent allowance
d) Medical allowance
e) LTA
f) PF
g) Special allowance
h)Children education allowance
i) Gift voucher
j) City compensation allowance
k) Food coupons
l) Telephone coupons
AnsQ.3 What is the ratio of fixed and variable pay in your company?
a) 60 % -40 %
b) 70 %-30%
c) 80 %- 20 %
d) 75 %-25 %
Ans-

Q.4 What are the components of variable pay system?

a) Individual special recognition awards,
b) Team or group awards,
c) lump-sum bonuses,
d) on-the-spot awards,
e) Group incentive plans, and
f) Stock options or grants
g) Any other
AnsQ.5 Does your company give a general increase in compensation in a year?
[ ] Yes
[ ] No
If yes, by what percentage
a) 5%-7%
b) 7%-9%
c) 9%-11%
d) 11%-13%
Ans
Q6. Does your company have a bonus or incentive plan?
[ ] Yes [ ] No
If yes, please answer the following questions.
What type of bonus?
a) Annual/Year End Bonus
b) Incentive Bonus
c) Other ________________
AnsQ.7 Does your company has stock option plan
a) Yes
b) No
Ans-

Q.8. What is the criteria for providing ESOP to the employees of your organization?
a) Role/ Position of an employee
b) Length of Service
c) Performance Level
d) Potential of the employee
e) Salary earned
f) Any other (please specify) _________________________
Ans-

Q.9. Which level is covered under ESOP in your organization?

a) Only Top management
b) Middle and Top management
c) All levels
AnsQ.10. ESOP creates an ownership culture in the organization.
a) Strongly Agree
b) Somewhat Agree
c) Neutral
d) Somewhat Disagree
e)Strongly Disagree
AnsQ.11 Does the compensation paid by your company allow to attract and retain the best
employees?
a) Yes
Ans-

b) No

c) Cant Say

Q 12 Are you satisfied about the compensation system practiced in your company?
a) Strongly Agree
d )Agree
b)Cant Say
e )Disagree
c) Strongly disagree
Ans-

Part II
Q.1 Is the Reward system in your organization
a) Monetary
b) Non monetary
c) Both
Ans-

Q.2 What are the various Non monetary rewards practiced in your organization?
a ) Mobile reimbursement
b) Free transport / Pass /
c) Gift vouchers
d) Hall of fame - putting employees name and photographs
e) Spot awards like certificates
f )Felicitations in team/group functions and many more...
g) posting in the internal monthly newsletters or magazines etc.
AnsQ.3 How often is the employees rewarded?
a ) Monthly
b) Quarterly
c) Half yearly
d) Yearly
e)Occasionally based on extra ordinary accomplishments.
AnsQ.4 Are all the employees eligible for the Reward as per your company policy?
Yes

No

.a If No, which level of employees is eligible?

Q.5 How is an employee selected for a reward? Is it through?

a )Group vote
b) Decision from top officials
c) Decision from a single manager
d) None of the Above
AnsQ.6 In your organization employees are considered for Reward and Recognition mostly
for
a ) Innovative and Creative
b) Increased productivity/results/outcome
c)Customer Satisfaction
d )All of the above
e) Other
Ans-

PART III
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3
4

Name
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0rganization:
Designation
contact no.

Any comments and Suggestions

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