MBA-407H2 478 Even Semester Examination - 2017 MBA (IV SEMESTER) COMPENSATION MANAGEMENT Time: 03:00 Hours Max Marks : 70 e _ Note: Attempt alll questions, each question carry equal marks. Ql. Answer any four (4°3.5=14) A. What is Cafeteria or Flexible benefit plan? B. What are deficiencies of job evaluation programme. C. What. are the factors affecting compensation design? Discuss briefly D. Explain’ Legal Constraints on Pay System. 2 \ E ; Explain Determinants for formulating wage * @ r structures. QQ. Answer any four (493.5=14) ‘A. Define Taylor’s differential piece rate system and Halsey Premium Plan. MBA-407H2/700 1Q@. B. What are the meaning and objective of job evaluation? C. What do you mean by Fringe Benefits? Explain its need & types. D. What are the Determinants for formulating wage structures. E. Explain the importance of Creating the strategic reward system. Answer any two (2*7=14) ‘A. What is the purpose of compensation and what factors contribute for satisfaction? B. Explain how job description helps in making a pay decision, C. Define Marginal productivity theory, bargaining theory and supply and demand theory 0” ‘compensation. Answer any two (247-14) ‘A. Explain compensation strategies. Give suitable example to elaborate your answer. MBA-407H2/700 2 Q5. Answer any two A. MBA-407H2/700 What is executive compensation? What are the principles governing executive compensation. ‘What do you understand by pay for performance? Explain its merits and demerits. (247-14) What is incentive plan? Describe Rowan Premium Plan, Emerson Efficiency Premium Plan. What is compensation management? Describe various Compensation Approaches. Describe the operations and benefits of ESOP. seteMBA-407 (H2) 335 Printed Pages : 2 Paper Code & Roll No. to be filled in your Answer Book Rall No. | I Even Semester Examination - 2016 + COMPENSATION MANAGEMENT MBA (IV - Sem.) [Time : 3 Hours] [Maximum Marks :70] Note: Attempt all questions. 1. Answerany four: (3.5x4=14) (a) Whatis Collective Bargaining ? (b) What is the difference between Salary and Wages? a (c) What are Maternity benefits ? 3 @ What is ESI contribution deduction of employee ? (e) Whatis PF contribution deduction of employee? 2. Write short notes on any four : (3.5x4=14) fa) DA (b) HRA MBA-407(H2820 qa) [PTO]