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DRIVE-Winter 2017
PROGRAM-MBADS (SEM
4/SEM 6)MBAFLEX/ MBAN2 (SEM 4)PGDHRMN (SEM 2)
SUBJECT CODE &
NAME-MU0015 –Compensation and Benefits
CREDIT &
MARKS-4 Credits, 60 marks
Q1.Discuss
the contents of Job evaluation. Describe the process of Job evaluation.
(Explain
the contents of Job Evaluation, Explain the process of Job Evaluation)
Answer.
Contents
of Job Evaluation
Job content is evaluated based on work type,
skills and knowledge required; value is evaluated based on each job's
contribution to company goals. Three of the most commonly used methods of job
evaluation, upon which other methods are based, can be
Q2.Suppose
you are a HR Manager and you are asked to develop an effective Incentive Scheme
for your organization. What are the pre-requisites you will consider while
developing an Effective Incentive Scheme? Discuss the merits of Incentives.
(Explain
the pre-requisites for an Effective Incentive Scheme, Explain the merits of
Incentives)
Answer.
Pre-requisites
for an Effective Incentive Scheme
These
pre-requisites are as under:
·
The
incentive scheme must be influenced by scientific work measurement like the
standards set must be practical and inspiring. In addition, the employees must
be provided with necessary resources to meet these
Q3.Discuss
the types of managerial remuneration. Explain the elements of a managerial
remuneration
(Explaining
the types of managerial remuneration, explaining the elements of a managerial
remuneration)
Answer.
Types
of managerial remuneration
The term remuneration covers the
following types of expenditure incurred by the company for its Director or his
family –
·
Rent
free accommodation;
Q4.
Define Pay Structure. What are its objectives? Explain the major decisions
involved in designing and setting competitive pay structures
(Definition
of Pay Structure, Objectives of Pay Structure, Explain the major decisions
involved in designing and setting competitive pay structure)
Answer:
Pay Structure
A
pay/salary structure refers to the collection of salary grades, bands or
levels, connection of related jobs within a series or hierarchy which helps the
organisation in providing a framework for the implementation of various
policies and
Q5.Explain
the criteria’s considered for rewarding the employees for their good service
(Explanation
of the criteria’s responsible for rewarding the employees)
Answer.
Criteria’s
considered for rewarding the employees for their good service
The criteria for rewarding the employees for their good
service in the firm are as follows:
1. Analysing
Q6.
Write a short note on the following:
A)
Wage Policy Plan in India
B)
Voluntary Retirement Scheme (VRS)
(Wage
Policy Plan in India, Voluntary Retirement scheme)
Answer.
a)
Wage Policy Plan
in India
Wages
means all remuneration expressed in terms of money and includes remuneration
payable under any award or settlement, overtime wages ,wages for holiday and
any sum payable on termination of employment(bonus is not included. The wage
policy in India is built around the following fundamental principles:
1.
Equal
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DRIVE Winter 2017
PROGRAMMBADS (SEM
4/SEM 6) MBAFLEX/ MBAN2 (SEM 4) PGDHRMN (SEM 2)
SUBJECT CODE &
NAME-MU0016 – Performance Management and Appraisal
CREDIT &
MARKS-4 Credits, 60 marks
Q.1.
Discuss the principles and dimensions
of Performance Management (Explaining the principles of
Performance Management, Explaining the dimensions of Performance Management) 5,5
ANS:
Principles
of Performance Management
Every
organisation has its own principles for performance management. Let us
now discuss some key principles of performance management that are common
to all organisations.
·
It translates corporate goals into individual, team,
department and divisional goals.
·
It helps to clarify
·
·
Q2 What do you mean by feedback?
Explain its Role, Types and Principles.
Explaining
the meaning, role ,types and principles of feedback.
Answer:
Feedback
is the provision of information to people on how they have performed in terms
of results, events, critical incidents and significant behaviour during the
period under review. Feedback is a useful tool for indicating whether things
are going in the right direction and for redirecting effort. Your objective in
giving feedback is to provide guidance by supplying
Q3
Assume that you have joined as an HR in an organization. The first task
assigned to you is to conduct the Performance Appraisal Process. What according
to you is its purpose? Describe the entire Performance Appraisal process.
(Explain
any three purpose of Performance Appraisal, Explain the Performance Appraisal
Process) 3, 7
Answer.
Purpose
of Performance Appraisal
Performance
appraisals are essential for the effective management and evaluation of staff.
Appraisals help develop individuals, improve organisational performance, and
feed into business planning. Formal performance appraisals are generally
conducted annually for all staff in the organisation. Each employee is
appraised by his/her line manager. Performance appraisal is a method of
evaluating the job performance of an employee. It is an ongoing process of obtaining,
Q.4. Discuss the skills that a line manager require
for effective Performance Management. (Listing the skills, Explaining
the skill) 1,9
ANS:
Skills that a line manager require for effective
Performance Management
Whether
you are managing a team or a process, this practical, line manager or
supervisor training programme will give you grounding in the essential skills
and behaviours required to be able to communicate, motivate, build trust and
lead with confidence and authority. Employee performance includes:
Planning work and setting expectations. Continually monitoring performance
Q5
Define the term ‘Ethics’. Discuss the key factors involved in ensuring Ethics
in Performance Management(PM)
(Definition
of Ethics, Explaining the key factors to ensure Ethics in PM) 2, 8
Answer.
Ethics
The
word 'ethics' comes from the Greek word 'ethikos'. It refers to one's moral
character and the way in which society expects people to behave in accordance
with accepted principles. Most philosophers conclude that ethical failure
occurs because of lack of character or, in other words, virtuous people will
live ethically. Therefore, we need to think about the desired virtues and
Q6
Write short notes on the following:
a)MBO
b)Behaviorally
Anchored Rating Scales Method (BARS)
(Explaining
the meaning and steps in MBO, Explaining the concept and process of BARS) 5,5
Answer.
a)
MBO
This
method involves setting particular calculable goals with each employee and then
respectively discussing his/her progress towards these goals. The term MBO
refers to an inclusive organisation-wide goal setting and appraisal programme
that consists
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ASSIGNMENT
DRIVE WInter
2017
PROGRAM Master of
Business Administration- MBA
SEMESTER Semester 4
SUBJECT CODE & NAME MU0017 – TALENT MANAGEMENT AND
EMPLOYEE RETENTION
CREDIT
& MARKS 4
Credits, 60 marks
Note
– Answer
all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Ques 1 What are competency
characteristics? Describe some of them.
Ans A
competency is a reliably measurable, relatively stable and enduring
characteristic of a person, team or an organisation that causes and statistically
predicts a criterion level of performance (
Ques 2 Define Talent Management. Discuss the Talent
management Approaches.
Ans
Definition of Talent Management
Talent
management is defined as a conscious and systematic approach taken up to attract,
identify, develop and retain productive and engaged employees with aptitude and
abilities to meet current and future organisational needs by fulfilling the
business/operation critical roles. The
Q3. Briefly describe the different
Talent Management Processes?
Description of Talent management
processes
Answer:
Key Processes of
Talent Management
Organisations are made up of
people who in turn create value through proven business processes, innovation,
customer service, and many other important activities.
In order to meet its
Ques 4 Explain the key Compensation
principles. What do you mean by Total rewards?
Ans There
are few key compensation principles. They are:
Consider the unique
characteristics and specific needs of
organisation:
The unique characteristics and specific needs of the organisation need to be
considered for the formulation of compensation plans. An understanding of
compensation plans among
Ques 5 Explain the role of IT in
Talent Management Systems.
Ans The
globalization and advancement in information technology (IT), in which developing
countries play a major role, has caused a “war for talent.” To meet challenging
growth targets, service providers find that recruitment and retention are of
key importance. For developing
Ques 6 Write short notes on:
a)Promoting ethics in workplace
b)Talent Review
Ansa) Promoting ethics in workplace-
Ethics
is study of values or principles relating to right or wrong behaviour, also
known as morality. Ethics is very important for the sustenance of an organization.
If the organization and its people practice ethics in their day to day business
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ASSIGNMENT
DRIVE Winter
2017
PROGRAM Master
of Business Administration- MBA
SEMESTER Semester
4
SUBJECT
CODE & NAME MU0018
– Change Management
CREDIT
& MARKS 4
Credits, 60 marks
Note
–
Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
Ques 1 Describe Kotter’s Eight Step
Change Model.
Ans Kotter
has developed an eight step model for creating change in the organization. Each
step acknowledges that there are key principles that are related with the
responses of the people and their
Ques 2 What are OD interventions?
How are they useful to the organizations?
Ans Organization
development (OD) is the study of successful
organizational change and performance. OD emerged from human relations studies
in the 1930s, during which psychologists realized that organizational
structures and processes influence worker behavior and motivation
Ques3 Discuss the reasons for
employees’ resistance to change.
Ans Resistance
to change can be in several forms, explicit, implicit, immediate or deferred/delayed.
If it is explicit and immediate, the senior management should be prompt in
taking steps to remedy the situation. Implicit resistance could cause loss of
loyalty, reduced level of motivation, increase in errors and absenteeism, etc.
Similarly, delayed resistance creates
Ques 4 What do you mean by
Organizational Effectiveness? Explain the approaches involved in achieving
Organizational Effectiveness
Ans As
a wider concept, organizational effectiveness as represented by several perspectives
comprises an organization’s fit with its external environment, configuration of
its internal subsystems for high performance, emphasis upon organizational
learning and ability to satisfy
Ques5 What do you mean by Change
Agent? Describe the characteristics of successful Change Agents.
Ans Change
agents are people who usually have specialized training in organizational behaviour
and can help guide and advice the change process. They strive to ‘alter human
capability or organizational systems to achieve a higher degree of output or
self actualization.’ Their objective is to make goals that stick. They have a
clear vision as to how the process of change will begin and culminate, and the
activities they will perform to enable people to do more, or find a new and
better perspective on life. Change agents could be the
Ques 6 Write a brief note on the
following:
a)Herzberg’s Motivation Theory
b)Kurt Lewin’s Model of Change
Ansa) Herzberg’s Motivation Theory
Herzberg
explains that while the presence of these hygiene factors does not directly
enhance employee motivation, the absence of any one of these will definitely
hinder performance.In a nutshell, the behavioural approach says that studying
the impact of individual behaviours and motivators in terms of enhancing
performance and reducing resistance will help to understand the
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