NMIMS Global Access
School for Continuing Education (NGA-SCE)Course: Compensation & Benefits
Internal Assignment Applicable for June 2021 Examination
Assignment Marks: 30
Instructions:
All Questions carry equal marks.
All Questions are compulsory
All answers to be explained in not more than 1000 words for question 1 and 2 and for question
3 in not more than 500 words for each subsection. Use relevant examples, illustrations as far
as possible.
All answers to be written individually. Discussion and group work is not advisable.
Students are free to refer to any books/reference material/website/internet for attempting
their assignments, but are not allowed to copy the matter as it is from the source of reference.
Students should write the assignment in their own words. Copying of assignments from other
students is not allowed
Students should follow the following parameter for answering the assignment questions.
1. Mr. Roy is the HR manager of your organization. He does not understand the need for job
descriptions when the company periodically restructures its operations and activities,
including frequent changes in product lines. In fact, the company recruits multi-skilled
professionals. Critically comment on the HR manager’s argument from the perspective of
compensation management. (10 Marks)
| For Numerical Answer | |
| Assessment Parameter | Weightage |
| Understanding and usage of the formula | 20% |
| Procedure / Steps | 50% |
| Correct Answer & Interpretation | 30% |
| For Theoretical Answer | |
| Assessment Parameter | Weightage |
| Introduction | 20% |
| Concepts and Application related to the question | 60% |
| Conclusion | 20% |
NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Compensation & Benefits
Internal Assignment Applicable for June 2021 Examination
2. Suppose that you are the HR manager at a firm with 40 employees. Currently, the company
offers only the legal minimum number of days for vacation and paid holidays and the legally
mandated benefits. Develop a list of other benefits that you believe should be offered, along
with your reasons for suggesting them. (10 Marks)
3. Malini Sharma started her chain of 10 wedding boutiques approximately five years ago. She
presently operates within South Delhi and has been enjoying record profits. Sharma’s
wedding boutiques provide full-service amenities to future brides, including wedding
planning services, custom fittings, and locating hard-to-find wedding dresses. Sharma’s
customer service philosophy is that customers are number one and must be satisfied with
their purchases. However, recently there has been a rise in complaints regarding the lack of
friendly service being provided, and three long standing employees have threatened to leave
unless their compensation is adjusted in response to servicing Sharma’s very demanding
clients. Currently, she pays all of her staff the same base salary without any benefits. She
feels this approach promotes equity and eliminates any perception of favoritism between
employees regarding compensation. But now she has decided to rethink her compensation
philosophy and needs your help.
a. What are the specific problems with Sharma’s current compensation program?
(5 Marks)
b. Discuss the types of compensation programs and plans available to Sharma to motivate and
retain her existing staff. (5 Marks)
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