Save trees use e-Question Paper Go green DOWNLOAD THIS FREE AT www.viuresource.com ws [LEE ‘Third Semester MBA Degree Examination, Dec.2016/San.2017 Compensation & Benefits 14MBAH) Time: 3 hrs Max. frks: i SECTION-A i [Note : Answer any FOUR questions from Q.No.1 10 Q.N0.7. St Define compensation and benefice, ark) i - EB 2 Whatdoyou mean by salary and wages? ea sans) 2 BE 5 whatis enero equity and external equey? oasis) if 4 Explain Job aati and job description, (ossarey i Define PFP and Merit Pay. (03 Marks) Tawa ances epatiea asia 3 il 17 Define pay mix and state its elements (osmtarsy Les i 3 Note : Answer any FOUR 4 Bin. No.1 0 0.No.7. Fo 1 way as compensation ecoe important ps today? Discuss (orMaris) : £2) 2 Explain the compensation components sry (o7mare ee EE 3. How tokaow whether your sty sys jv? Ehsidate in detail (orm) EE 4 iscuss ho itmal alignment a T aggtoctures, orMans) E45 explain equity theory and tous ormacis FE 6 mine ne mostcommongs EL sitipottemoniciont memes | 7. Howto design « pay-fozperggance plan? (ors) i SECTION. ae ny FOUR questions from Q.No.1 to Q.N0.7- So 1 explain uo stan) 2 a dewribeu ves plans in payfor-performance plans. costars i 3 What agethe Mes of variable pay plans? Stat its advantages. aostansy 4 Explain the eOIRpPnsaton strategy for specie! groups a0 stats) 5 OBRigne ig rctors hat hep co decide glabal compensation uo stans) ions bring both advantages and disadvantages". Comment wo Mats) some of the statutory benefits provided by government 19 provide soci security to ial workers ose 1 0F2 BRANCHES | ALL SEMESTERS | NOTES | QUESTON PAPERS | LAB MANUALS A Viuresource Go Green initiativeSave trees use e-Question Paper DOWNLOAD THIS FREE AT www.viuresource.com aoe BRANCHES | ALL SEMESTERS | NOTES | QUESTON PAPERS | LAB MANUALS 14MBaIi SECTION-D CASE STUDY - | Compulsory ] ‘Mr. Manoj was appointed as the HR manayer in a public sector undertaking. With one ye ‘Mr. Manoj had to sign a wage agreement with the workers union. The union presset rogard to production department's workers than with regard to quality department ‘The management agreed to this, asthe overall increase, the union was asl thin its reach. Once this decision was communicated 10 all commotion jonfPauality department's workers. The quality department's worker walked out of| ormed a separated union, They moved around the factory with a placard that ep childres ‘rated job than of the management ton ‘The decision of the management led to the perception that procudffon was, quality! Questions: ‘What will happen if production department emplo} than quality department's (0S Marks) employees? Evaluate the pros and cons from employer’s point of (os atari) Evaluate the pros and cons from employee's point of (os atari) ‘Asa HR Manager, suggest a way out Ks (ostarks) 20f2 A Viuresource Go Green initiative Go green