Spring/ February 2012

Master of Business Administration- MBA Semester 4 MU0015 Compensation Benefits - 4 Credits (Book ID:1336) Assignment Set- 1 (60 Marks)

Note: Each Question carries 10 marks. Answer all the questions.

Q1.

What are the factors to be taken into account to ensure an optimum compensation package for executives?

Q2. Q3. Q4. Q5. Q6.

How is employee benefit and labour market linked? What are the factors that have to be determined before preparing the salary structure? Describe Mintzberg 5 Ps of strategy. How does compensation effect employee satisfaction? Ms.Deepa Mehra is the VP-HR of Induslink Network. She is assigned the task of finding a new CEO for the company and fixing the compensation. What are the trends that she will have to look into before finalizing the compensation package for the CEO?

Spring/ February 2012

Master of Business Administration- MBA Semester 4 MU0015 Compensation Benefits - 4 Credits (Book ID:1336) Assignment Set- 2 (60 Marks)

Note: Each Question carries 10 marks. Answer all the questions.

Q1. Q2. Q3. Q4. Q5. Q6.

What is CTC? What are the components of CTC? What are the elements of compensation? Define internal equity and explain its importance. What are the major issues related to repatriation? Describe flexible workforce in detail. Mr.Senthil is the HR Manager of First Source Pvt. Ltd. He found that many of the employees have been doing the same work for a long period of time. He decided to enrich some of their jobs. List some of the strategies which can be used by Mr.Senthil to enrich jobs in organisations.