Chartered Qualification in Human Resource Management

Diploma in Professional HRM (DPHRM)

DPHRM / S6 – REWARD MANAGEMENT

REWARD MANAGEMENT –
Paper Structure

Dilshard Perera
MBA: PG.DipM(CIM-UK);ACIM; Grad.I.Chem. C.;NDHRM(IPM-SL); HDBFM(Aquinas); MCPM; AIPM;C.I Chem
Director (Sales, Marketing, HR) - Bellose Lanka (Pvt) Ltd
Visiting Lecturer – Chartered Institute of Personnel Management
Visiting Lecturer – Institute of Chemistry, Ceylon
Visiting Lecturer – Aquinas University College
 S6

QUESTIONS

2
 DPHRM – S5/S6 Exam
(Combination of Recruitment & Selection and
Reward Management)

Recruitment & Selection Reward Management

Total of 35 marks Total of 65 marks

(4 x 5 + 1 x 15 = 35 Marks) (4 x 5 + 3 x 15 = 65 Marks)

100 Marks
3
 DPHRM – S5/S6 Exam
(Combination of Recruitment & Selection and
Reward Management)

Recruitment & Selection Reward Management

Part A = 20 Marks (4 x 5) Part A = 20 Marks (4 x 5)

Part B = 15 Marks (1 x 15) Part B = 45 Marks (3 x 15)

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 DPHRM – S6 Exam
Part A – Compulsory Questions (05 Marks each)

1. What are Non-Financial rewards? Elaborate your answer with

relevant examples?

2. Discuss the pre-requisites for a systematic approach to Job

Evaluation

3. Discuss the purpose of Grade & pay structures to an

organization

4. What is meant by contingent pay and it’s objectives?

5
 Probable type of Questions
DPHRM -S6
5 Marks each
5. Briefly mention 5 macro factors which will affect
determination of pay in an organization.

6. Explain the term, “Reward Management” and briefly

outline the components of a Total Reward System.

7. Outline the main factors why reward management is important?

(at least 5 factors should be given)

8. Explain the terms – Internal, External and Individual

equities. What are the technical processes done by companies
 Probable type of Questions
DPHRM -S6 – 5 marks
9. Briefly discuss the steps one go through in determining
(establishing) pay rates in an organization

10. Explain a Pay structure and mention why do

organizations need pay structures?

11. Outline the factors under which a Contingent pay

system may not work in an organization.

12. Briefly discuss some aims of having a strategic reward

system in an organization
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 Probable type of Questions
DPHRM -S6 – 5 marks

13. Distinguish the difference between variable pay and

benefits (perks). You may use appropriate examples
in doing so.

14. What are the benefits a company gets by practicing a

“total reward approach’ as its reward strategy

15. What is the difference between a “individual pay

review” and a “general pay review”.
 DPHRM – S6 Exam
Part B – Reward Management (15 Marks each)

1. Discuss in detail, the components of a Total Reward

System

2. What are the sources of information for “Market

Pricing” ? Discuss the advantages and disadvantages
of two market pricing data sources.

3. What are the techniques or methods of Job

Evaluation? Elaborate.

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 DPHRM – S6 Exam -06/03/21
Part B – Reward Management (15 Marks each)

4. Explain the criteria involved in the effectiveness of

any Pay structure in an organization.

5. Define what is “Strategic Reward Management”?

and discuss the purpose and aims of the SRM

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 Probable type of Questions
DPHRM -S6
15 Marks each

6) Describe “Ranking Method” by taking an

example, as a Non-Quantitative Job
Evaluation method

7) Briefly explain “market Pricing” , the purpose

of doing market pricing and the sources

of information for market pricing. 11
 Probable type of Questions
DPHRM -S6 - 15 Marks
8) Describe as to what do you mean by “Job
evaluation”? Discuss the essential reasons as
to why we do a job evaluation? Briefly explain
the steps one has to go through in evaluating
jobs using “point rating method.”

9) What are the common types of Pay Structures you

get in the market? Out of those, briefly explain
Job family and spot rate pay structures
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 Probable type of Questions
DPHRM -S6 - 15 Marks
10) Explain the factors one should keep in mind
when designing an effective incentive scheme for an
organization.

11) Write a short note on – Individual Contingent

Pay

12)Discuss, how majority of Sri Lankan sales

employees are rewarded in organizations? Do you
agree with this way?
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 Thank
You

Dilshard Perera
Mobile: 076-7799365, 070-3333401
Email: dilshardbnp@gmail.com