2016

(July)
MBA
I I umun Res ourc e Accounting and Compensation M anagement
MBA-11. 403
Full Marks: 60
Tine: 3 hours

I he figures in the margin indicate full marks for the questions

PART-A
I . Answer any Five questions: (5x3=15)
I. Write on the sub-systems of HMS.
2. What do you understand by valuation of Human Resources?
3. Outline the purpose of an H R Audit.
4. Explain the meaning of pay structure.
5. What are compensation differentials?
6. Briefly outline variable compensation plans.
7. Explain the significance of Fringe Benefits.
8. What are job design rewards?

PART-B

11. Answer any three questions:

I. Explain the need and importance of HR valuation and accounting. Discuss on the various
methods of HR valuation and accounting. (4+6=10)

2. Outline the benefits of a total reward approach. Explain how economic theories help in
determining levels of pay in the labour market. (3+7=101

3. Give your arguments in favour of a reward strategy. Cite examples of specific reward
initials% es which might feature in a reward strategy. (4+6=101

4. Discuss the basis of determination of inter and intra-industry compensation

differentials_10

5. Examine the requirements of a sound incentive plan. Also identify the problems that may
arise while implementing an incentive plan. tht-4.t 101