MS-27 Compensation and Rewards Management Solved Assignment 2020

MS-27 Compensation and Rewards Management

Solved Assignment 2020


Course Code : MS-27
Course Title : Compensation and Rewards Management
Assignment No. : MS-27/TMA/Sem-II/2020
Coverage : All Blocks

Title Name

MS-27 Solved Assignment 2020

University IGNOU
Service Type Solved Assignment (Soft copy/PDF)
Course Management Programme
Language ENGLISH
Semester 2020 Course: Management Programme
Session 2020
Short Name MS-27
Assignment Code MS-27/TMA/Sem-II/2020
Product Assignment of Management Programme 2020 (IGNOU)
Submission Date 31st October



Note: Attempt all the questions and submit this assignment to the Coordinator of your Study
Centre on or before 31st October, 2020.
1. Explain the concept of compensation. What are the functions and responsibilities of a
compensation program?

2. Explain the concept of performance-linked reward system. Discuss the various steps
involved in designing a performance-linked reward system.
3. Explain the constitutional perspective on wages including the norms for fixation of
wages. Discuss the role played by the International Labour organization on the
protection of wages.
4. Discuss the salient features of the payment of Bonus Act, 1965, and Equal
Remuneration Act,1976.
5. What are the considerations for compensation policy at the macro and micro levels?
Explain their practical difficulties..


MS-27, MS 27, MS27


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