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Home Assignment On Human Resource Management HR403-Compensation Management.

Please answer the following questions aggregating to 20 marks of internal assessment towards your MBA paper HR403 home assignment evaluation. Home assignment answers are to be submitted to Carreograph Institute of Management Studies within 21 days of completion of PCP classes in separate width A4 size paper. Total-20 Marks

1st Half(Full Marks 10)


1. State the difference between Wages & Salary. 2

2. Write a short note on Fair wages ,Minimum wages and Living wages.

3. Critically analyze the role of wages theories in determining wage structure.

4. Discuss the elements of Employee Reward.

5. What are the Conventional and Non-Conventional technique of Job Evaluation? 2

2nd Half(Full Marks 10)


1. What is the meaning of Fringe benefits and why fringe benefits needed? 2

2. State the two Group Incentives Scheme for large organization.

3. What is Payment of Equal Remuneration Act ,1976.?

4. Describe E.S.O.P as a strategic tools of an organization.

5. With respect to Executive compensation how company face the challenges?

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