problem1) Answer all the problems:
(i) prepare short note on compensation.
(ii) What is internal equity?
(iii) What is 401K plan?
(iv) What are advantages & disadvantages of Scanlon plan?
(v) Describe group piece rate?
problem2) Describe different theories of wage determination in detail.
problem3) What is bench marking? Describe advantages & disadvantages of bench marking.
problem4) Describe various types of fringe benefits in detail.
problem5) Answer all the problems:
(i) Name the components of compensation?
(ii) What is external equity?
(iii) Describe fringe benefits.
(iv) What is executive compensation plan?
(v) describe Non-financial incentives.
problem6) Describe factors affecting wage & salary administration in details.
problem7) prepare brief notes on different social security laws.
problem8) What are incentives? Describe various type of method by which incentives could be computed.