Compensation Management — Winter 2019

What are the criteria for effectiveness of financial rewards? Enlist the Dos and Don’ts of using financial incentives.

“Global click” a web-based online shopping company, gives weightage to the competencies of software engineers & marketing managers. You have been entrusted to help company to design a competency-based pay structure for software engineers & marketing managers.

Discuss the various contingent pay schemes.

Why has executive pay grown so much? Discuss with suitable example.

Design a contribution-based sales compensation plan, assuming hypothetical figures, for a company engaged in retail sales of spices & blended masala.

Which all factors affect the pay level?

Explain the reward system components and their interrelationships in detail

Which all different grade and pay structure exists in the organizations

Compare the different shop-floor incentive schemes.

List the different principles which are to be borne in mind when developing a good recognition schemes.

What do you understand by job matching? Explain the various sources for collecting market data with advantages and disadvantages of each.

Differentiate between intrinsic rewards and extrinsic rewards in context of individual and collective approach.

Explain provisions of finance and audit under the employees’ state insurance act, 1948.

Discuss equal remuneration act, 1936.

Explain provisions related to Maternity Benefit act, 1981.

Discuss Payment of Gratuity Act, 1972.

Discuss Payment of Wages act 1936, for rules of deduction and enforcement of the act.