Description
Course Code: MS 27
Course Title: Compensation and Rewards Management
Assignement Code : MS-27/TMA/JULY/2022
Course : OLD MBA
Session 2022-23
Submission date : Last date of submission for July 2022 session is 31st October, 2022 and for January 2023 session is 30th April, 2023
Questions in assignment
1. What are the public policy considerations in wage policies? State the practical
difficulties, if any, translating the lofty ideals into action.
2. Why is VRS considered a soft option? How does it help overcome the legal hurdles in
downsizing employee strength?
3. A. What is the difference between a pay commission and a wage board?
B. Discuss why interest issues cannot be adjudicated, but rights issues can be?
4. What are different methods for conducting wage surveys? Explain any two citing
examples.
5. “Suppose your organisation’s recently completed compensation survey showed that pay
rates of several jobs were either less than what they should be. How do you bring these jobs
“into line”?
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