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Wednesday, October 5, 2016

Performance And Compensation Management, Question Paper of MBA (HR) 3rd-4th Semester,Download Previous Years Question Paper 2






Roll no ....................
Total No. of Questions: 07]
MBA(Sem.- 3rd/4th )
PERFORMANCE AND COMPENSATION MANAGEMENT
Subject Code: MB-666(2008-10 batch)
Paper ID [C0140]
TIME: 03 Hours
Instruction to Candidates :
1)    Section – A is Compulsory.
2)    Attempt any Four questions form Section – B.

Section - A

1.        
a.     Define Compensation.

b.     What is “Employee Stock Options”?

c.      What do you mean by “ Competence” of an employee?

d.     What is fringe benefits?

e.      Mention any two advantages of maintaining pay equity in organisations.

f.       What do you mean by performance appraisal?

g.     What is Compa Ratio?

h.     What is the rationale behind setting up of Pay Commission?

i.       What is ‘Piece-Rate System’ in compensation management?

j.       What is potential appraisal?

Section –B

2.     Elaborate the compensation philosophies adopted by various organizations for providing compensation.

3.     What is 36.-degree performance appraisal? Discuss its advantages and disadvantages.

4.     What is meant by internal equity and external equity in compensation systems? Why such parity is important in an organisation?

5.     What is an incentive? Discuss the different types of incentive system.

6.     Discuss briefly the statutory provisions governing different components of rewards system.

7.     Write short notes on:

a.     Wage Boards.

b.     Performance Based Pay.

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