Note: Attempt all the questions
Q1. What are the management responsibilities regarding the compensation management program?
Q2. What are the public policy considerations in wage policies? State the practical difficulties, if any translating the
lofty ideals into actions?
Q3. What is the role played by the International labour Organization on :-
1. Wage fixing machinery
2. Fixation of wages
3. Equal pay for equal work
Q4. Discuss the wages provisions of minimum wages act 1948.
Q5. Discuss whether and why Collective bargaining is superior to other methods of wage determination?
Q6. Write short notes on:-
a) Job evaluation b) Fringe benefits c) Pay service
Q7. Explain the concept of tax planning?
Q8. Describe future trends in compensation management?
Q9. Explain what is performance- linked reward system?
Q10. How stock options are currently treated for tax purpose &how should be treated?