MS-27

Management Programme

ASSIGNMENT
SECOND SEMESTER
2010

MS-27: Wage and Salary Admin

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School of Management Studies

INDIRA GANDHI NATIONAL OPEN UNIVERSITY
MAIDAN GARHI, NEW DELHI – 110 068
 MS-27: Wage and Salary Administration

ASSIGNMENT

Course Code : MS-27

Course Title : Wage and Salary Administration
Assignment Code : 27/TMA/SEM-II/2010
Coverage : All Blocks

Attempt All the Questions.

1. Define compensation. Describe the compensation programme in your

organization or any organization you are familiar with. Explain how
compensation programme is useful in improving employee performance.
Briefly describe the organization you are referring to.

2. Define Wages under Various Labour legislation. Explain the norms for fixation
of wages in your organization or any organization you are familiar with.
Briefly describe the organization you are referring to.

3. Describe the concept of fringe-benefits in your organization or any organization

you are familiar with. Discuss how fringe-benefits are linked to social
security. Briefly describe the organization you are referring to.

4. Explain the concept of pay-packet composition. Why is dearness allowance an

integral part of pay-packet. Explain how it is administered with reference to
your organization or any organization you are familiar with. Briefly describe
the organization you are referring to.

5. Explain different types of incentive systems. Discuss, the incentive scheme

being followed in your organization or any organization you are familiar
with. Highlight the advantages and limitations of this scheme. Briefly
describe the organization you are referring to.