CUSTOMER_CODE
SMUDE
DIVISION_CODE
SMUDE
EVENT_CODE
JULY15
ASSESSMENT_CODE MU0015_JULY15
QUESTION_TYPE
DESCRIPTIVE_QUESTION
QUESTION_ID
15945
QUESTION_TEXT
What is non-monetary compensation? Explain the non-compensation
dimensions.
SCHEME OF
EVALUATION
Non-monetary compensation:
Added perks which can sweeten the deal. Some of them are flextime schedules, on-site childcare, etc.
(3 marks)
Non-compensation dimensions:
1.Enhance dignity and satisfaction
2.Enhance physiological health
3.Promote constructive social relationship
4.Design jobs that require adequate attention
5.Allocate sufficient resources to perform the assignments
6.Grant sufficient control over the jobs
7.Offer supportive leadership and management
(1 mark each)
QUESTION_TYPE
DESCRIPTIVE_QUESTION
QUESTION_ID
15950
QUESTION_TEXT
What purpose an efficient reward system serves in an
organisation?
SCHEME OF
EVALUATION
1.To be competitive
2.Retain best employees
3.Consistency of services
4.Improves employees performance
5.Makes employees feel excited to be part of organization
6.Enhance motivation
7.Saves money on retaining
8.Reduces absences
9.Gain new knowledge
10.Reduction in recruitment efforts.
QUESTION_TYPE
DESCRIPTIVE_QUESTION
QUESTION_ID
72325
QUESTION_TEXT
Discuss the different methods of job evaluation.
SCHEME OF EVALUATION
Methods of job evaluation
a. Conventional
1. Quantitative
a. Point method
b. Factor comparison method
2. Non quantitative
a. Ranking
b. Job classification
(5 marks)
b. Non conventional
1. Time span
2. Urwick method
3. Direct consensus method
4. Decision band method
5. Hay Plan’s guide chart method
(5 marks)
QUESTION_TYPE
DESCRIPTIVE_QUESTION
QUESTION_ID
72330
QUESTION_TEXT
What strategies are followed by organizations for retentions of
employees?
SCHEME OF
EVALUATION
a. Recruiting right kind of employees who are matching to the jobs in
the organization.
b. Measurement and reward of performance through compensation
and other benefits.
c. Compensation system plays an integral role in retention of
employees.
d. Compensation linked to employees’ behavior and attitude.
e. Offering promotions, conduct exit interviews.
f. Better training, orienting to the organizational goals.
g. Communicate better on incentive programs.
h. Review the compensation and pay periodically comparable in
similar organization.
i. Different compensation plans for high cognitive complexity jobs vs.
low complexity jobs.
j. Clear job description, quantifications, Profiles if developed, would be
measurable.
(Each point- 1marks)
QUESTION_TYPE
DESCRIPTIVE_QUESTION
QUESTION_ID
72333
QUESTION_TEXT
What pre requisites are needed for effective implementation of incentive
schemes?
SCHEME OF
EVALUATION
a. Workers’ cooperation is needed for incentive schemes relating to job
security, earnings and dispute settlement regarding work standards.
(2marks)
b. Must be influenced by scientific measurement tools and employees
need to know how to use such to meet such standards. (2marks)
c. All indirect staff like foremen, supervisors, should also be under the
same incentive schemes. (2 marks)
d. A management commitment to oversee the outlay and schedule the
proper administration of plans. (2marks)
e. Design plan and implement to achieve desired result wit review if any
needed. (2 marks)
QUESTION_TYPE
DESCRIPTIVE_QUESTION
QUESTION_ID
125882
QUESTION_TEXT
What you mean by employee benefits? What are the classifications
of Employee Benefits?
Disability income continuation
SCHEME OF
EVALUATION
Spouse and family income protection
Health and accident protection
Property and liability protection