1. Explain the role of compensation and rewards in an organization. Describe the compensation structure of the organization you are working in or familiar with. 2. Discuss various approaches in designing compensation citing suitable examples. Explain the merits and demerits of competency based and performance based compensation system. 3. Define performance-linked reward system. Explain the various steps involved in designing a performance-linked reward system with suitable example. 4. Explain the factors which have contributed for the emergence of new pay structure. Define and … [Read more...]
MS 27 IGNOU MBA Assignments July – Dec 2018
1. Explain the frame work for compensation policy at macro and micro levels. Discuss the practical difficulties in translating the policies into action. 2. Explain the norms for fixation of wages. Discuss, whether the same principles of wage fixation apply to industries in public and private sector. 3. Explain the concept of internal and external equity. Briefly describe the methods and systems of job evaluation. 4. Discuss whether and why stock options are becoming popular? What are their advantages and disadvantages? 5. Explain the concept of tax planning. What is the distinction … [Read more...]
MS 27(revised) IGNOU MBA Assignments July – Dec 2017
1. What are the public policy considerations in wage policies? State the practical difficulties, if any, translating the lofty ideals into action. 2. Discuss the role played by the International Labour Organisation on the following: (i) Wage Fixing Machinery (ii) Protection of Wages (iii) Equal pay for equal work. 3. (i)What do you understand by the concept of wages; explain the concept of basic wage through examples? (ii)Why dearness allowance is an integral part of pay packet, explain how is it administered? 4. "Suppose your organisation's recently completed compensation survey … [Read more...]
MS 27 IGNOU MBA Assignments July – Dec 2016
1. Explain the concept and structure of compensation. Describe the functions and responsibilities of compensation programme of an organization you are familiar with. 2. Explain the purpose and application of the payment of wages Act, 1936. Describe the concept of deduction from wages and limits on the total amount of deduction can the fine be deducted from wages of an employed persons? If so, subject to what conditions. 3. What do you understand by the concept of wages, explain the concept of basic wage through examples. Why dearness is allowance an integral part of pay packet, explain … [Read more...]
MS 27 IGNOU MBA Assignments July-Dec 2015
1. Explain the functions and responsibility in a compensation programme of any organization you are familiar with. Discuss the issues and current trends of the compensation programme. 2. Define wages under various labour legislation. Discuss, how minimum wage differs from need based minimum wage? 3. Define job evaluation. Explain the methods and systems of job evaluation have been followed in any organization you are familiar with. Discuss, how job evaluation is linked to wage fixation. 4. Define and discuss incentives and pre-requisites of effective incentive scheme. Explain the … [Read more...]
MS 27 IGNOU MBA Assignments July – Dec 2014
1. Explain the concept and role of compensation. Describe the compensation structure of any organization you are familiar with. Briefly describe the organization you are referring to. Answer. Compensation and benefits are provided in exchange for the employees’ contributions to the organization. An effective compensation program can help shape performance and improve job satisfaction as well........ Compensation can be critical in motivating employees. They are more likely to be motivated when they feel their contributions are being fairly and equitably rewarded. Compensation is a reward … [Read more...]
MS 27 IGNOU MBA Assignment July – Dec 2013
1. Explain the role of Compensation. Why is an effective Compensation Policy an important function of Management? Discuss. Describe the compensation structure of an organisation you are familiar with. 2. Explain the Payment of Bonus Act, 1965. Is the employer liable to pay minimum bonus even in case of loss in the establishment? Discuss. Describe, when an employee can become disqualified to claim bonus citing suitable example from an organisation you are familiar with. 3. Explain the Concept of job-evaluation. Describe the methods and systems of job-evaluation that have been followed … [Read more...]