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Internal Assignment Applicable for April 2018 Examination
Compensation and Benefits
Q.1) ABC Technologies, a start up in online education field, has hired you as an HR Manager and your first assignment is to set up a compensation system in this start up. You are expected to set up an ideal compensation system. What will be your action before you actually begin with setting up this system?
Q.2) You are an HR Manager of a leading IT firm in India. You are contemplating an ESOP scheme in your organization. After making a presentation regarding the same, Board of Directors have asked you to justify the scheme. How would you justify?
Q.3) You are working in a telecommunication hardware company. Company is facing a serious problem of employee turnover which is 27%. Considering this background, answer the following questions
a) Will you consider giving fringe benefits to the employees? Justify.
b) Will you consider starting an incentive program? Justify.
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