SVKM’s NMIMS UNIVERSITY

SCHOOL OF DISTANCE LEARNING

Subject : Wage and Salary Administration

Please support your answers with practical examples from corporate life
Answer any 5 questions (each question carries 20 marks)
Time duration : 3 hours
Total marks : 100

1) ABC Ltd is an FMCG company with 10,000 employees. The company is in the process
of reviewing its compensation, hence the need for a compensation survey to be
conducted. Which method would you suggest the company follow for the compensation
survey ? Explain the different compensation survey methods and compensation survey
process in detail with examples of two specific positions..

What are the benefits of compensation surveys ?

2) “Compensation plays a significant role in an organization” – Kindly elaborate.

Explain the term ‘internal and external equity’ and ‘direct and indirect
compensation’ with examples.

3) Explain the following with reference to the Payment of Wages Act, 1936

• Limits on total amount of deductions

• Any 10 deductions which can be made from wages
• Time of payment of wages

4) Explain the following with reference to the Payment of Bonus Act 1965

• Eligibility for bonus

• Disqualification for bonus
• Payment of minimum bonus
• Time limit for payment of bonus
• Payment of maximum bonus

5) Explain the term ‘Job evaluation”. Elaborate of any two methods of job
evaluation. How would you go about the procedure of job evaluation ?

6) Explain the term ‘incentives’. What are the advantages and disadvantages of
group incentives ? Design an incentive scheme for a recruitment executive in a
BPO firm.
7) Explain in detail the term ‘competency based compensation’ ? Explain the
concept of 4 career stages. Elaborate on either ‘communication’ OR ‘teamwork’
as a competency at each of the 4 career stages

8) Write Short Notes on (any four)

a) Subsistence theory of wages

b) Fringe benefits
c) 360 degrees feedback
d) City compensatory allowance and cash handling allowance
e) Surplus value theory of wages
f) The 3 levels of collective bargaining
g) Victor Vroom’s Expectancy theory

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 SVKM’s NMIMS UNIVERSITY

SCHOOL OF DISTANCE LEARNING

Subject : Wage and Salary Administration

Please support your answers with practical examples from corporate life
Answer any 5 questions (each question carries 20 marks)
Time duration : 3 hours
Total marks : 100

1) Are you in favour of incentive schemes ? Explain with appropriate examples.

Design an elaborate incentive scheme for a Recruitment Executive OR a Sales
Executive.

2) Explain the term ‘Voluntary Retirement Scheme’ (VRS). What are the cost and
benefits of VRS to the company and the employee ? How would you go about a
VRS ?

3) Explain the following with reference to the Payment of Gratuity Act, 1972

• Determination of the amount of gratuity

• Ceiling of gratuity
• Forfeiture of gratuity
• Recovery of gratuity

4) Explain ‘Job evaluation”. Why is job evaluation important ? Explain the step-
wise procedure of job evaluation

5) Explain in detail the term ‘competency based compensation’ ? Explain the

concept of 4 career stages. Elaborate on either ‘communication’ OR ‘teamwork’
as a competency at each of the 4 career stages

6) What role does compensation play in an organization ? What are the functions
and responsibilities of a Compensation Program ? Prepare the Job Description
and Person Specifications of a ‘Compensation Manager’ for an organization with
5000 employees

7) Explain the following with reference to the Minimum Wages Act, 1948 :

• Procedure for fixing and revision of minimum wages

• Maintenance of records and display of notices
• Time for making claims
 • Procedure for deciding claims

8) Write Short Notes on (any four)

a) Two factor theory – Friedrich Herzberg

b) Surplus value theory of wages
c) Decision band method of job evaluation
d) Halsey system
e) Internal and external reasons of downsizing
f) Profit linked bonus
g) Fringe benefits

*****
 SVKM’s NMIMS UNIVERSITY

SCHOOL OF DISTANCE LEARNING

Subject : Management of Human Resources

Please support your answers with practical examples from corporate life
Answer any 5 questions (each question carries 20 marks)
Time duration : 3 hours
Total marks : 100

1) Explain the different methods of recruitment. How would you go about recruiting
an ‘Executive Assistant’ to the Managing Director. Elaborate on the selection
process for an ‘Executive Assistant’ to the Managing Director

2) What are the objectives of Performance Appraisal ? Explain the Appraisal process
in detail. What are the common problems in performance appraisals ?

3) Explain the term ‘Assessment Centre’. What are the benefits and challenges of an
Assessment Centre. Distinguish between Assessment Centre and Development
Centre

4) Explain the significance of Performance Coaching. Elaborate on the steps in

Performance Coaching Process. As a Manager, how would you go about
providing feedback to a subordinate who is a poor performer ?

5) What do you understand by ‘training’ ? Elaborate on the importance of training in

an organization. Describe the methods of on-the-job training.

6) Explain the term ‘equal remuneration’ under the Equal Remuneration Act, 1976.
Are they any exemptions to this Act ? Describe the objectives and benefits of
Social Security legislation in India (include Workmen’s compensation, ESI, PF,
Maternity benefit)

7) What do you understand by ‘Job Analysis’ ? Explain the techniques of collecting

information for Job Analysis. Prepare a Job Description and Person Specification
of a ‘Recruitment Manager’ for a BPO firm with 5000 employees.

8) Write Short Notes on (any four)

a) In-tray
b) Career Planning
c) HR Audit
d) Objectives of Trade Unions
e) Types of employee Separations
f) Role of upward and horizontal communication
g) Human Resource Information System (HRIS)

***
 SVKM’s NMIMS UNIVERSITY

SCHOOL OF DISTANCE LEARNING

Subject : Management of Human Resources

Please support your answers with practical examples from corporate life
Answer any 5 questions (each question carries 20 marks)
Time duration : 3 hours
Total marks : 100

1) What are the challenges facing HR today ? Do you consider HR to be an

important function in an organization ? Pls Elaborate. Are you in favour of
outsourcing all HR activities ? Explain in detail.

2) Explain the significance of Performance Coaching. Elaborate on the steps in

Performance Coaching Process. As a Manager, how would you go about
providing feedback to a subordinate who is a poor performer ?

3) What are the objectives of Human Resource Planning ? Describe the HR

Planning process. Explain the benefits and concerns related to HR Planning ?

4) Explain the term ‘Assessment Centre’. What is the role of a Group Discussion
(GD) ? Explain positive task roles, positive maintenance roles and negative roles
in a GD.

5) What are the qualities of a good interviewer ? Elaborate on different types of

interviews. Suggest guidelines to improve interviews.

6) Explain the following with reference to the Payment of Wages Act, 1936

• A list of 10 authorized or permissible deductions from wages

• Obligations of employers
• Obligations of employees

7) Explain the 360 degrees appraisal process with its features. What are the benefits
of a 360 degree appraisal ? Are limitations ? Would you recommend a 360 degree
appraisal for your organization ?

8) Write Short Notes on (any four)

a) Promotion and Demotion

b) Employee Transfers
c) Role of downward communication
d) Quality circles
e) Various forms of workers participation in management
f) HR Accounting
g) Interview techniques

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