Compensation & Benefits – NMIMS Solved assignments 2025 Latest

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Compensation & Benefits

Jun 2025 Examination

 

 

Q1. You have been Hired in Human Resource Department of a Manufacturing Organisation. The most important task which has been assigned to You by Human Resource Manager is to determine and decide wage rate of employees. Assuming the above mentioned Responsibility, How will you design the Wage Rate of employees. Also Discuss the factors which will be kept in Mind while designing Wage Rates. (10 Marks)

 

 

Q2. Tanisha, The General Manager of a Multi-national    Corporation    believes that there should be a    growing focus on creating a more cooperative environment where staff members may learn talents and information with one another through cooperating on projects as a team.She wants to reinforce Team Based rewards in the organisations. She believes that it can foster Quality teams and break the monotony of rivalry in the organisation. Give Arguments in the favour of Tanisha regarding Team based Rewards as oppsed to conventional methods of Pay. (10 Marks)

 

Q3 (A) Mr. Smith is working in Human Resource Management Department of     a Tech Company. He     has been Assigned the job of making and        maintaining Payroll system of the organisaiton. He later found that other    organisations are    using Payroll Management Software to make and maintain Payroll which has increased effeciency in the    organisations Explain the Process Which Mr. Smith has to undertake to execute Payroll System (5 Marks)

 

 

Q3 (B) You have been given a task to be a Liason with IT Department in implementing Payroll Management Software. What Factors would you keep in mind while facilitation the creating of Payroll Management Software? (5 Marks)

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