PES School Of Engineering

PES INSTITUTE OF TECHNOLOGY – BANGALORE SOUTH CAMPUS
Dept. of MBA
Course Outline
Semester – III
Subject Code
: 14MBAHR303
Subject Title
: Compensation and Benefits.
Faculty Name
: Nagabhushana R
No of Lecture + PPT Hours / Week: 04
Practical Component Hour : 01
Total no of Lecture + PPTs:
IA Marks:
Exam Hours:
Exam Marks:
Table -1
Session Plan
56
50
03
100
Module No
Session
No.
Contents
Objective
1
1
Introduction to
compensation.
Definition of
compensation.
To understand the
importance of
compensation in
human resources
management.
1
2
The pay model.
To understand the
pay model.
Discussion on
pay model.
Students should be able to
have complete clarity of pay
model.
Strategic pay
policies.
To understand the
importance of
strategic pay
policies.
Discussion on
various strategic
pay policies.
Students should be able to
explain various strategic pay
policies.
1
3
Description
Outcome
Discussion on
Students should be able to
various nuances
justify criticality of
of compensation compensation management in
management.
HR management.
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
1
Session
No.
4
Contents
Objective
Strategic
perspectives of
pay.
To understand
strategic
perspectives of
pay.
Strategic Pay
1
1
5
6
Decisions, Best
Practices vs. Best
Fit Options
Review of
To understand
strategic Pay
Decisions and
compare, Best
Practices vs. Best Fit
Options.
To have complete
Description
Discussion on
important
Strategic
perspectives of
pay.
Discussion on
Strategic Pay
Outcome
Students should be able to
evolve Strategic perspectives
of pay.
Decisions, Best
Practices vs. Best
Fit Options.
Students should be able to
take Strategic Pay Decisions.
Discussion on
Students should be able to
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
2
Session
No.
7
Contents
Objective
Description
Outcome
Module 1.
clarity of module
1.
concept of
compensation,
the pay model,
strategic pay
policies, and
strategic
perspectives of
pay.
Discussion on
the concept of
take strategic pay decisions.
Internal
Internal Alignment.
Defining Internal
Alignment:
To understand the
importance of
Internal
Alignment:
Students should be able to
understand the nuances of
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
4%
Module No
Session
No.
Contents
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Alignment:
2
8
9
2
10
Internal Pay
Structures,
Strategic Choices In
Internal Alignment
Design.
Strategic Choices In
Internal Alignment
To understand the
importance of
Internal Pay
Structures.
To understand
various Strategic
Choices In Internal
Alignment Design.
To understand
various Strategic
Discussion on
Internal Pay
Structures.
Discussion on
Strategic Choices
In Internal
Alignment Design.
Discussion on
Strategic Choices
Students should be able to
understand the nuances of
Internal Pay Structures.
Students should be able to
take decisions keeping in
mind various Strategic Choices
In Internal Alignment Design.
Students should be able to
take decisions keeping in
Group
presentatio
n1
Quiz
Module No
Session
No.
Contents
Objective
Description
Outcome
Design
continuation.
Choices In Internal
Alignment Design.
In Internal
Alignment Design.
mind various Strategic Choices
11
Which Internal
Structure Fits Best?
To evolve the
most appropriate
internal structure.
Students should be able to
evolve the most appropriate
internal structure.
2
12
Review of
module 2.
To review module
2.
Discussion on
best internal
structure.
Discussion on
the concept of
internal
alignment.
3
13
Job Analysis and
To understand the
Discussion on
Students should be able to
2
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
In Internal Alignment Design.
Students should be able to
evolve the most appropriate
internal structure.
quiz
Summary of
Module 2
learning
Class
Particip
ation
Module No
Session
No.
Contents
Objective
Description
Outcome
Evaluation:
importance of Job
analysis and
evaluation.
the importance
of Job analysis
and evaluation.
realize the importance of Job
analysis.
Discussion on
3
14
3
15
Job Analysis
Procedures.
Job Analysis Data
Collection Process
To learn various
Job Analysis
Procedures.
Job Analysis
Procedures
involved.
To understand Job
Discussion on
Analysis Data
Collection Process.
Job
Analysis Data
Presentati
on
Students should be able to
design job analysis
procedures for a given
business model.
Students should be able to
design Job
Analysis Data Collection Process
Assignment
s/
additional
work
Assignment
#2
Group
presentatio
n2
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
3
3
3
Session
No.
16
17
18
Contents
Job Descriptions
Definition of Job
Evaluation.
Major Decisions In
Job Evaluation.
Description
Outcome
Collection
Process.
for given job profile.
To understand the
concept of Job
Discussion on
the concept of
Students should be able to
write down Job Descriptions for
Descriptions.
Job Descriptions.
a given job.
To understand the
importance of Job
Discussion on
the concept of
job evaluation.
Students should be able to
defend the importance of Job
Objective
Evaluation.
To understand the
Discussion on
Major Decisions In
Job Evaluation.
Major Decisions
In Job Evaluation.
Presentati
on
Assignment
s/
additional
work
Evaluation.
Students should be able to
list down various Major
Decisions In Job Evaluation.
Summary of
Module 3
learning +
Assignment
#3
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
4
4
4
Session
No.
19
20
21
Contents
Objective
Job Evaluation
Methods.
To understand
various Job
Final Result – Pay
Structure.
Case study
Evaluation Methods.
22
Case study 2
Discussion on
Job Evaluation
Methods.
To understand
Discussion on
Final Result – Pay
Structure.
Final Result – Pay
Structure.
To understand
practical
challenges of Job
Analysis and
Evaluation.
4
Description
To understand
Discussion real
time challenges
of Job Analysis
and Evaluation.
Discussion real
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Group
.
Quiz
Students should select
appropriate Job Evaluation
Method for a given scenario.
Students should be able to
evolve.
Students should get real time
exposure of challenges of Job
Analysis and Evaluation.
Students should get real time
Module No
4
4
Session
No.
23
24
Contents
Determining
External
Competitiveness
and Benefits
Management:
Definition of
Competitiveness.
Pay Policy
Alternatives
Objective
Description
Outcome
Presentati
on
practical
challenges of Job
time challenges
of Job Analysis
exposure of challenges of Job
presentatio
n3
Analysis and
Evaluation.
and Evaluation.
To understand the
importance of
External
Competitiveness.
To understand
various Pay Policy
Discussion on
various broad
overviews of
Analysis and Evaluation.
Students should get clarity of
the broad concept of External
External
Competitiveness.
Competitiveness.
Discussion on
various Pay
Students should be able to
list out and decide best and
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
4
4
Session
No.
25
26
Contents
Wage Surveys,
Interpreting Survey
Results
Pay Policy Line,
Pay Grades
Objective
Description
Outcome
Alternatives.
Policy
Alternatives
appropriate Pay Policy
To understand the
importance of
Wage Surveys,
Interpreting Survey
Results.
To understand the
concept of Pay
Policy Line and Pay
Grades.
Discussion on
Wage Surveys and
methods of
Interpreting
Survey Results.
Discussion on
Pay Policy Line
and Pay Grades.
Presentati
on
Assignment
s/
additional
work
Alternatives.
Students should be able to
identify various wage
survey techniques and
methods of Interpreting
Survey Results.
Students should be able to
write down Pay Policy Line and
Pay Grades for a given business
model.
Summary of
Module 4
learning
Assignment
#4
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
4
4
5
Session
No.
Contents
27
Benefits
Determination
Process and Value
of Benefits.
28
29
Legally Required
Benefits.
Retirement,
Medical, & Other
Benefits.
Objective
Description
Outcome
To understand the
Discussion on
benefits offered
to employees.
Students should be able to
determine the value of
benefits.
Discussion on
various Legally
Students should be able to
list out various Legally
Required Benefits.
Required Benefits.
Discussion on
various statutory
benefits.
Students should gain deep
insights about various
statutory benefits.
Benefits
Determination
Process and Value
of Benefits.
To understand
various Legally
Required Benefits.
To know various
statutory
components like
Retirement,
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Objective
Description
Outcome
Presentati
on
Students should be able to
write down important
features of statutory benefits.
Group
presentatio
n5
Medical, & Other
Benefits
5
5
30
Review of
Module 4.
31
Performance
Based
Compensation
System: Employee
Contributions:
To gain complete
Discussion on
knowledge of
various statutory
important
benefits.
statutory benefits.
To understand the Discussion on
Performance
importance of
Performance Based
Compensation
System:
Employee
Contributions:
Based
Compensation
System:
Employee
Contributions:
Students should be able to
design Performance Based
Compensation System for
given job profile.
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Objective
Description
Outcome
Presentati
on
Employee
Contributions: Pay
For Performance
(PFP):
5
32
Objective: To
understand the
concept of Pay For
Performance (PFP).
Description:
Discussion on the
concept of Pay For
Bangalore
One-case
presentatio
n6
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Case study
questions
Case
analysis
ability
Performance (PFP).
Outcome: Students
should be able to
design concept of
Pay For
Performance (PFP)
in a given scenario.
5
33
Rewarding Desired
Behaviors.
Objective: To
Module No
Session
No.
Contents
understand the
importance of
Rewarding Desired
Behaviors.
Description:
Discussion on
benefits of
Rewarding Desired
Behaviors and
methods of
Rewarding Desired
Behaviors.
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Outcome: Students
should be able to
evolve techniques /
methods of
Rewarding Desired
Behaviors.
5
34
Does
Compensation
Motivate
Performance?
Summary of
Module 2
learning +
Assignment
#5
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Objective: To
understand
whether
Compensation
Motivate
Performance?
Description:
Discussion on
various techniques
of performance
based
compensation and
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
related
motivational
aspects of
compensation.
Outcome: Students
should be able to
design a
performance based
compensation.
5
35
Designing PFP
Plans, Merit
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Pay/Variable Pay.
Objective: To
understand
methods of
Designing PFP
Plans, Merit
Pay/Variable Pay.
Description:
Discussion on PFP
Plans, Merit
Pay/Variable Pay
concept in different
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
scenarios.
Outcome: Students
should realize the
importance PFP
Plans, Merit
Pay/Variable Pay
concept in different
scenarios and
should be in a
position to
implement it in a
given scenario.
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Individual vs.
Group Incentives.
5
36
Objectives: To
understand the
differences
between Individual
vs. Group
Incentives.
Description:
Discussion on
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Individual vs.
Group Incentives.
Outcome: Students
should be able to
design appropriate
Individual and
Group Incentives.
6
37
Long Term
Incentives.
Objective: To
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
understand the
concept of Long
Term Incentives
and its importance.
Description:
Discussion on
various Long Term
Incentives being
used in
organizations.
Outcome: Students
should understand
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Group
presentatio
n7
Summary of
Module 6
learning
the techniques of
Long Term
Incentives.
6
38
Compensation of
Special Groups:
Who are Special
Groups?
Objectives: To
understand the
importance of
Compensation of
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Special Groups.
Description:
Discussion on
compensation of
special groups and
important special
groups.
Outcome: Students
should be able to
design
compensation for
special groups.
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Module 6: Legal &
Administrative
Issues in
Compensation:
Legal Issues.
6
39
Objectives: To
understand the
importance of
Legal &
Administrative
Issues in
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Assignment
#6
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Compensation.
Description:
Discussion on
Legal &
Administrative
Issues in
Compensation with
examples.
Outcome: Students
should get exposed
to Legal &
Administrative
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Issues in
Compensation.
Pay Discrimination
6
40
Objective: To
understand the
nuances of Pay
Discrimination.
Description:
Discussion on the
concept of Pay
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Discrimination.
Outcome: Students
should have
complete insights
of Pay
Discrimination and
its impact on
morale of the
organization.
6
41
Pay Discrimination
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Objective: To
understand the
nuances of Pay
Discrimination.
Description:
Discussion on the
concept of Pay
Discrimination.
Outcome: Students
should have
complete insights
of Pay
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Discrimination and
its impact on
morale of the
organization.
Budgets and
Administration
6
42
Objective: To
understand the
concept of Budgets
and Administration
in relation to
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
compensation
management.
Description:
Discussion on the
concept of Budgets
and Administration
in relation to
compensation
management.
Outcome: Students
should get exposed
the modalities of
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
the concept of
Budgets and
Administration in
relation to
compensation
management.
Case study.
6
43
Objective: To
understand
practical
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
challenges of pay
discrimination.
Description:
Discussion real
time challenges of
pay
discrimination..
Outcome:
Students should
get real time
exposure of
challenges of pay
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
discrimination.
Case study.
6
44
Objective: To
understand
practical
challenges of pay
discrimination.
Description:
Discussion real
time challenges of
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Objective
Description
Outcome
Presentati
on
pay
discrimination..
Outcome:
Students should
get real time
exposure of
challenges of pay
discrimination.
Case study.
7
45
Objective: To
understand
Group
presentatio
n8
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
practical
challenges of legal
issues.
Description:
Discussion real
time challenges of
legal issues.
Outcome:
Students should
get real time
exposure of
challenges of
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Legal issues.
Case study.
7
46
Objective: To
understand
practical
challenges of legal
issues.
Description:
Discussion real
time challenges of
legal issues.
Summary of
Module 7
learning
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Outcome:
Students should
get real time
exposure of
challenges of
Legal issues.
Case study.
7
47
Objective: To
understand
practical
challenges of legal
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
issues.
Description:
Discussion real
time challenges of
legal issues.
Outcome:
Students should
get real time
exposure of
challenges of
Legal issues.
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Review of module
6
7
48
Objective: To have
complete clarity on
nuances of module
6 concepts.
Description:
Discussion the
concepts of module
6 with examples.
Outcome: Students
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Objective
Description
Outcome
Presentati
on
should realize the
importance and
critacallity of pay
discrimination.
Module 7: Global
Compensation
7
49
Objectives: To
understand the
nuances of Global
Compensation.
Group
presentatio
n9
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Summary of
Module 2
Class
particip
Description:
Discussion on the
nuances of Global
Compensation.
Outcome: Students
should gain
insights of the
nuances of Global
Compensation.
7
50
Recognizing
Module No
Session
No.
Contents
Variations.
Objective: To
understand
variations in Global
compensation.
Description:
Discussion on
variations in Global
compensation.
Outcome: Students
should be able to
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
learning +
Assignment
#8
Student
Learnin
g
Evaluat
ion
Techni
que
ation
Module No
Session
No.
Contents
draw variations in
Global
compensation.
Social Contract.
51
Objective: To
understand the
concept of Social
Contract.
Description:
Discussion on
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
nuances of social
contract.
Outcome: Students
should learn
techniques of
evolving social
contracts.
Culture & Pay.
52
Objective: To
understand the
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
relation ship
between Culture &
Pay.
Description:
Discussion on he
relation ship
between Culture &
Pay.
Outcome: Students
should derive the
relation ship
between Culture &
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Pay.
Strategic Choices
In Global
Compensation.
53
Objective: To
understand
Strategic Choices
In Global
Compensation.
Description:
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Discussion on
Strategic Choices
In Global
Compensation.
Outcome: Students
should get exposed
to Strategic
Choices In Global
Compensation.
54
Comparing
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Systems.
Objective: To
compare important
global
compensation
systems.
Description:
Discussion on
various important
global
compensation
systems.
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Outcome: Students
should gain
complete insights
of important global
compensation
systems.
Expatriate Pay.
55
Objective: To
understand the
concept of
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
Expatriate Pay.
Description:
Discussion on
Expatriate Pay with
examples and
various
components.
Outcome: Students
should be able to
design expatriate
pay scale in a given
situation.
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
Contents
56
Discussion on the
concepts of the
module.
57
58
59
60
61
VTU Question
paper discussion.
VTU Question
paper discussion.
VTU Question
paper discussion.
VTU Question
paper discussion.
VTU Question
Objective
Description
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Module No
Session
No.
62
Contents
Objective
Description
paper discussion.
VTU Question
paper discussion.
Table – 2
Outcome
Presentati
on
Assignment
s/
additional
work
Student
Learnin
g
Evaluat
ion
Techni
que
Presentation Topics
Mod No
S.No.
1
2
3
4
5
6
7
8
9
Presentation Topic
Group presentation 1 – Students choice
Group presentation 2 – Students choice
Group presentation 3– Students choice
Delhi Metro Train – case presentation - 4
Group presentation 5– Students choice
Bangalore One-case presentation 6
Group presentation 7– Students choice
Group presentation 8– Students choice
Group presentation 9– Students choice
Table – 3
Assignments & Additional Work
Mod No
1
2
3
4
5
6
Assignment Topics
Practical Components
Students must prepare a comprehensive compensation plan to be offered to a Sales
Executive, A General Manager and The CEO of an organization.
Students to collect information from an IT organization regarding the Cost To
Company of an employee.
Students have to prepare questionnaire for conducting wage survey and carry out
Table – 4
Case Study Topics
Sl No
5
10
15
20
25
30
35
40
45
50
55
60
Topic
Case study on Approaches to Compensation
Case Study on Wage Theories
Case on Bargaining Ability of Unions,
Case study on Job Evaluation
Case on CTC
Case connecting CTC and perquisites
Presentation on incentive schemes
Presentation on Employee Insurance Schemes
Presentation on Types of Stock Options
Case on Executive Compensation
Case on Equal remuneration Act
Presentation on Tax Compliance
Table – 5
References & Additional Readings
Mod No
S.No.
1 to 8
1 to 8
1 to 8
1
2
3
1 to 8
4
1 to 8
1 to 8
1 to 8
5
6
7
Particulars
Compensation & Reward Management, BD Singh, Excel BOOKS
Compensation, Milkovich & Newman, TMH
Strategic Compensation, Joseph J. Martocchio, 3rd Edition, Pearson Education
Compensation Management in a Knowledge based world, Richard I. Anderson, 10th edition, Pearson
Education
Compensation Management, Er Soni Shyam Singh, Excel Books
Compensation & Reward Management, BD Singh, Excel BOOKS
Compensation, Milkovich & Newman, TMH
Table – 6
(IA Pattern)
Test Marks
Presentations
Assignments
60%
20%
20%


For Internal Evaluation T1 marks and the best out of remaining two will be considered.
1st Test is mandatory.
Question Bank:-
Question Bank
3 Marks Questions:
1. What are principles of compensation?
2. What are fringe benefits?
3. What do you mean by ‘perquisites?
4. What is variable pay?
5. What is the theory of s demand and supply?
6. What are the components of executive compensation?
7. Which are the benefits that can be taxed.
8. List statutory benefits?
9. What are the non statutory benefits?
10. Differentiate between Managerial and Executive Compensation?
11. What is Golden Parachute.
12. What are the stock options plan?
13. Who are special groups.
14. Write short notes on merit pay, variable pay, and PFP.
7 & 10 Marks Questions :
1. Explain CTC Method with an example
2. What are the factors to be considered while designing compensation?
3. How do you maintain equity principle?
4. Explain principles of compensation?
5. Explain Economic Theories Of Wages?
6. Explain the procedure of remitting the tax
7.Explain the connection between strategy and compensation?
8. Explain the concept of Pay For Performance (PFP):