Compensation and Benefits

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NMIMS Global Access

School for Continuing Education (NGA-SCE)

Course: Compensation & Benefits

Internal Assignment Applicable for June 2023 Examination

Assignment Marks: 30

Instructions:

  • All Questions carry equal marks.
  • All Questions are compulsory
  • All answers to be explained in not more than 1000 words for question 1 and 2 and for question 3 in not more than 500 words for each subsection. Use relevant examples, illustrations as far as possible.
  • All answers to be written individually. Discussion and group work is not advisable.
  • Students are free to refer to any books/reference material/website/internet for attempting their assignments, but are not allowed to copy the matter as it is from the source of reference.
  • Students should write the assignment in their own words. Copying of assignments from other students is not allowed.
  • Students should follow the following parameter for answering the assignment questions.

For Theoretical Answer

Assessment Parameter Weightage
Introduction 20%
Concepts and Application 60%
related to the question
Conclusion 20%

For Numerical Answer

Assessment Parameter Weightage
Understanding and usage 20%
of the formula
Procedure / Steps 50%
Correct Answer & 30%
Interpretation
  1. CONSTRUCT Pvt Ltd. is a newly set up construction company in Mumbai and the company is in the process of determining the pay structure in the organization. Currently the company has 50 employees in the sales department. As an HR Manager

of company, discuss which individual compensation plans you can use to motivate these

50 sales department employees to meet the targets. (10 Marks)

 

NMIMS Global Access

School for Continuing Education (NGA-SCE)

Course: Compensation & Benefits

Internal Assignment Applicable for June 2023 Examination

  1. WESTEROES Pvt Ltd is a decade old IT Company from Pune. You are hired as an HR

Consultant and you are expected to identify and suggest to the management appropriate approach to job evaluation. Enlist the different approached to job evaluation and

suggest an appropriate one to the company. (10 Marks)

  1. INFOTICS is a well-known IT Company in India since 2000. The company is planning to revise the compensation structure. In this background answer the following:
a. What could be the components of direct pay structure? (5 Marks)
b. What could be the components of indirect pay structure? (5 Marks)
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