Performance Management & Reward Systems Group Assignments Reward Management Questions & Seminar Paper

1). Illustrate the elements of Reward System and Total Reward System 2). Explain Wage Concepts, Types of Wages, Wage Differentials and Wage and Pay Commissions 3). Describe pay Structure, Types of Pay structure and Broad Banding 4). Explain Contingent Pay, Performance Related Pay and Skill based incentive Schemes 5). Illustrate Rewarding Performance: Executive Compensation, Shop Floor Incentives, Team Rewards, Profit Sharing, Gain Sharing and Benefits and Allowances 6). Illustrate the following i). Stock Option ii). Minimum Wages Act iii ). The Equal Remuneration Act iv). The Payment of Wages Act v). Board Room Pay

**** Note: Students are required to submit the assignment properly paper binded in group -vise by on or before Monday, 4th March 2013. You are requested to present it group-vise from the PM& RM Sessions on the same day onwards. Each group has to present the paper in the allocated one and half hour session. All the group members have to participate in the presentation.

Dr. Siby Zacharias