SMU MBA SOLVED ASSIGNMENTS SUMMER DRIVE 2015 MU0015 – COMPENSATION AND BENEFITS

SMU MBA SOLVED ASSIGNMENTS SUMMER DRIVE 2015

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ASSIGNMENT

DRIVE – SUMMER 2015

Program – MBADS (SEM 4/SEM 6)

MBAFLEX/ MBA (SEM 4)

PGDHRMN (SEM 2)

SUBJECT CODE & NAME – MU0015 – COMPENSATION AND BENEFITS

1.      Explain compensation as a retention strategy. Describe the significant compensation issues.

2.      Explain the steps involved in designing a salary structure. List the components of pay structure.

3.      Define the term ‘wage’. Write a brief note on ‘wage policy’.

4.      Explain the concept of ‘tax planning’ with an example. Explain its role in Compensation Benefits.

5.      Define ‘reward management’. What are its aims? Explain the factors affecting reward management policies in service sector.

6.      Who are ‘Expatriates’? What are the objectives of ‘Expatriate compensation’? Differentiate between Financial (extrinsic) compensation and Non-financial (intrinsic) compensation.