MMPH-007 Compensation and Rewards Management Solved Question Paper December 2023

MMPH-007 Compensation and Rewards Management Solved Question Paper December 2023

Compensation and Rewards Management
Course Code: MMPH-007

1. Explain the corporate compensation policy
citing relevant examples.
2. What are the micro policy considerations while
framing the compensation policy ?
3. Describe the salient features of the 7th Pay
Commission and highlight its merits and
demerits in your own words.
[ 2 ]
4. Write a comprehension on the competency
based compensation. Illustrate.
5. Enumerate different factors, bases and aspects
of wage determination.
6. Explain the methods and systems of job
evaluation.
7. What are the different methods for conducting
wage surveys ? Explain any two.
8. What is fringe benefit ? Discuss different types
of fringe benefits.