Compensation Management — Summer 2020

Explain Home country based, Host country based and Hybrid basis reward strategies with respect to international reward strategy.

Define Reward System. Explain various Components of the Reward System.

Explain various elements of total reward.

Discuss types on non-financial rewards with suitable example.

Discuss various principle of strategic reward.

What is Contingent Pay? Which are the For & Against Arguments done for Contingent Pay?

Discuss Importance of Recognition Scheme in Performance Management.

What is employee engagement? Which are the factors responsible for enhancing the engagement?

Explain various factors affecting pay levels.

Why knowledge workers reward packages are considered specially? What are the approaches can be used to reward knowledge workers?

Differentiate between analytical and non analytical job evaluation Scheme.

Explain various types of employee benefits HR department choose to offer these days to the employees.

Describe Practice of Evaluating Reward system in Reward Management.

Write a note on Definition, scope, and applicability of Payment of Wages act, 1936.

Applicability & Eligibility of Employees State Insurance Act, 1948.

Write a note on Maternity Benefits Act, 1981 explaining its applicability, provisions, exclusions and major amendments.

Explain Salient features of Mediclaim Policy.