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
MS-27 Solved Assignment 2020
|Service Type||Solved Assignment (Soft copy/PDF)|
|Semester||2020 Course: Management Programme|
|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
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
5. What are the considerations for compensation policy at the macro and micro levels?
Explain their practical difficulties..
MS-27, MS 27, MS27