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This particular Assignment references the syllabus chosen for the subject of Human Resource Management, for the July 2024 - January 2025 session. The code for the assignment is MS-27 and it is often used by students who are enrolled in the MBA (MS) Degree.
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Q1. Visit a manufacturing unit nearby you and explain the framework of compensation policy there.
Q2. Discuss the role of ILO in Wage Fixing Machinery. State the wage fixation principles applied in public and private sector.
Q3. Prepare the job description of three key mid-level managerial positions of IT Company.
Q4. Explain the different types of groups as well as individual incentive plan of any marketing firm located near you and explain how it is different from manufacturing firm.
Q5. Suppose your organisation is 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”?
1. What are the public policy considerations in wage policies? State the practical difficulties, if any, translating the lofty ideals into action.
2. Discuss the role played by the International Labour Organisation on the following:
(i) Wage Fixing Machinery
(ii) Protection of Wages
(iii) Equal pay for equal work.
3. (i) What do you understand by the concept of wages; explain the concept of basic wage through examples?
(ii) Why dearness allowance is an integral part of pay packet, explain how is it administered?
4. "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"?
5. What are different methods for conducting wage surveys? Explain any two citing examples.
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