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M.B.A. (F.T.) (New) Examination, 2025
(Fourth Semester)
Compensation Management (Hum. Res. Mgt.)
PAPER-FHM-8
Note : This question paper is divided into two Sections. Attempt both Sections as directed.
Section A
(Short Answer Type Questions)
4x8=32
Note : Attempt any four questions. All questions carry equal marks.
Define compensation and explain its importance and objectives in an organisation.
Explain the components of a compensation system.
Compare monetary and non monetary compensation with suitable examples.
How does performance based compensation impact employee productivity ?
Explain gain sharing incentive plan with examples.
What is sales compensation plans ? Explain its components.
Compare wage boards and pay commissions.
Define wage theories and explain their significance in wage determination.
Section B
(Long Answer Type Questions)
3x16=48
Note : Attempt any three questions. All questions carry equal marks.
What challenges does a purely commission based sales compensation model present, suggest a structure that balance earning during peak and off seasons ?
What are the possible reasons behind the gender pay gap in organisations ? Suggest HR Policy guideline to eliminate pay disparities in organization.
What role do wage boards play in wage determinations suggest strategy for a fair wage policy that align with industry standards ?
How should executive compensation be structured to align with company performance. Throw light on ethical concerns regarding excessive executive pay ?
What is the concept of TDS (tax deducted at source) on salary ? How is it calculated also discuss taxable and non-taxable components of compensation ?