Soft Copy: Yes
Downloadable File: Yes
MS-27 Compensation and Rewards Management Question and Answer
Course: Master of Business Administration
Fully Solved: Yes
MS-27 Solved Assignment 2021 – Compensation and Rewards Management
1. What do you understand by “Capacity to pay on industry-cum-region basis”? Is the employer bound to pay minimum wage irrespective of its financial capacity to pay?
2. How the provident Fund scheme is administered under the Employees provident Funds and Miscellaneous provisions Act, 1952?
3. What is the difference between a pay Commission and a wage board? Discuss the relative merits and demerits of different methods of wage determination.
4. Explain what is performance linked reward system? List out the various steps involved in designing a performance linked reward system. Give an example.
5. What is the recent trend in awarding additional bonus payments and fringe benefits to various categories of employees?