Compensation Management — DU B.Com (P) Previous Year Question Papers

baby belt da bled by die degas de poll eb-esk as I 1. (a) What are the main components of a total compensation package? (9) b) What is incentive plan? What are the different types of incentive plans? (9) (b) Which are the main qualitative and quantitative methods of job evaluation? (9) 2. (a) In an organisation for ideal pay structure which components should give more weightage in comparison to others and why? (b) What is the difference between PF, Gratuity, and Pension? (a) Do you think performance appraisals are an effective tool for evaluating employee performance? Why or why not? (9) (b) Explain the components of compensation structure? 3. (a) How the act of social security laws of India works both in organized sectors and unorganized sectors of industry in India? (9) (b) Critically examine the "wages fund theory" of compensation. (a) State the differences between individual and group incentive plans. (9) (b) What factors affect global compensation and benefits. 4. (a) Discuss the various retirement benefits that are offered to the employees of the organization. (b) Discuss the rules and regulations in relation to payment of overtime wages. (a) Discuss the powers of ESI Corporation. (9) (b) Explain the Right to payment of maternity benefit. 5. Write short notes on any three: (a) What is global compensation? (c) Job specification (d) Workmen Compensation Act