University Of Pune Question Paper
M.P.M. (Semester – III) Examination, 2014
303 : COMPENSATION MANAGEMENT
(2013 Pattern)
Time : 2.30 Hours Max. Marks : 50
Instructions : 1) All questions carry equal marks.
2) All questions are compulsory.
1. A) What is compensation ? State the principles of determination of compensation. 10
OR
1. B) Explain the term wages. What are the various theories of wage determination ? 10
2. A) What is the meaning of the term ‘Labour Turnover” ? What are its causes ? State the
different methods used for calculating labour turnover rate. 10
OR
2. B) Define labour productivity. Explain various determinants of labour productivity. 10
3. A) Explain the terms ‘salary’ and ‘wages’. What are the components of wages ? 10
OR
3. B) How the wages of a worker are calculated by using : 10
a) Taylor’s differential piece rate system
b) Merricks differential piece rate system.
4. A) What are the factors to be considered for designing sound wage incentive scheme. 10
OR
4. B) Explain the term pay structure. How the pay roll management is done in case of company ? 10
5. A) What are the types of employee benefits which a typical employee gets in a company ?
10
OR
5. B) What are the various statutory employee benefits given in India. 10
——————
M.P.M. (Semester – III) Examination, 2014
303 : COMPENSATION MANAGEMENT
(2013 Pattern)
Time : 2.30 Hours Max. Marks : 50
Instructions : 1) All questions carry equal marks.
2) All questions are compulsory.
1. A) What is compensation ? State the principles of determination of compensation. 10
OR
1. B) Explain the term wages. What are the various theories of wage determination ? 10
2. A) What is the meaning of the term ‘Labour Turnover” ? What are its causes ? State the
different methods used for calculating labour turnover rate. 10
OR
2. B) Define labour productivity. Explain various determinants of labour productivity. 10
3. A) Explain the terms ‘salary’ and ‘wages’. What are the components of wages ? 10
OR
3. B) How the wages of a worker are calculated by using : 10
a) Taylor’s differential piece rate system
b) Merricks differential piece rate system.
4. A) What are the factors to be considered for designing sound wage incentive scheme. 10
OR
4. B) Explain the term pay structure. How the pay roll management is done in case of company ? 10
5. A) What are the types of employee benefits which a typical employee gets in a company ?
10
OR
5. B) What are the various statutory employee benefits given in India. 10
——————
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