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 various individual and group incentive plans and their respective merits and demerits.
5. Explain the concept of tax planning. Discuss the tax planning on employee compensation. What is the distinction between tax planning and tax avoidance?
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