By Team EasyExamNotes
Design compensation for any two of the following: (a) Chief Executive(b) Senior Managers(c) Knowledge Workers.
(a) Chief Executive(b) Senior Managers(c) Knowledge Workers. (a) Chief Executive: The Chief Executive Officer (CEO) is the top executive in the organization, responsible for strategic … Read more
Explain the determinants of intra and inter industry differentials. Discuss the strategic implications of compensation differentials.
Determinants of Intra and Inter-Industry Differentials: Intra-Industry Differentials: Intra-industry differentials refer to the variations in compensation among employees within the same industry or organization. Several … Read more
Write brief notes on any two of the following:
(a) Provident Fund Act, 1962.(b) Minimum Wages Act, 1948.(c) Payment of Bonus Act, 1965. (a) Provident Fund Act, 1962: (b) Minimum Wages Act, 1948: (c) … Read more
How are benefits important to employees? What are the various types of Flexible Benefits Plans? How do they motivate the employees? Give examples.
Benefits are essential to employees for several reasons: Various Types of Flexible Benefits Plans: How Flexible Benefits Plans Motivate Employees: Examples:
‘Individual as well as Group, both are important to the organization’s growth.’ Discuss and bring out the importance of Individual and Group Incentive Plans to motivate the employees.
Importance of Individual Incentive Plans: Importance of Group Incentive Plans: Balancing Individual and Group Incentive Plans: An effective incentive strategy involves striking a balance between … Read more
What is concept and types of Wages? Briefly discuss the various alternative method of wage payment with their merits and demerits.
Concept and Types of Wages: There are two primary types of wages: Various Alternative Methods of Wage Payment:
Write notes on any two of the following:
(a) Employee Benefits. (b) Current Trends in Compensation Mánagement. (c) Procedure for Designing a Compensation Plan. Answer: (a) Employee Benefits: Employee benefits refer to additional … Read more
Explain concept of Human Capital Discuss the determinants of intra and inter-industry differentials in compensation.
Concept of Human Capital: Determinants of Intra and Inter-Industry Differentials in Compensation: