MBA III SEMESTER

MID-1
Subject: COMPENSATION AND WELFARE MANAGEMENT
SET-1

1. Explain the Factors Affecting Employee Compensation & Write Short Notes on
“Wage as Motivator” Concept as Per Classroom Activity

2. Explain the Framework Work Of Minimum Wages Act 1948 with Definition Of
“Minimum Wage” As Per Committee Of Fair Wage & Write Summary Of Minimum
Wages For Andhra Pradesh State And Telangana State

3. What Is Job Evaluation & Assume To Be A Compensation Consultant For Vikrant –

President Of Ganta Industries (As Per Case Study Discussed In Class) Perform Job
Evaluation Process By Using Either “Quantitative “Or “Qualitative” Method

4. If you are the Chief people officer of a private palm oil company with 20,000+
workers. Among the four methods of wage determination in India, which type of
method you will implement in wage determination, explain the method in brief and
state the reasons why you chosen that method?

MBA III SEMESTER

MID-1
Subject: COMPENSATION AND WELFARE MANAGEMENT
SET-1

1. How would you prioritize principles of wage and salary administration (1M) & write
short notes on (a.) Minimum wage, (b.) Living wage, (c.) Fair wage, (d.) Need based
minimum wage

2. Assess the benefits of Individual & Team based reward system & Design a Wage
Incentive plan for Network Cable, Incorporation ( Case study-2 Team-Based
Incentive Rewards)

3. Briefly explain the “Minimum Wages Act, 1948” along with important sections and
no.of working hours. & Name any five scheduled employments as per Commissioner
of Labour, Andhra Pradesh.

4. If you are the Chief people officer of a private cotton, mill at with 10,000+ workers.
Among the four methods of wage determination in India, which type of method you
will implement in wage determination and state the reasons why you chosen that
method?