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MS-27
(Revised): COMPENSATION and REWARDS MANAGEMENT
1. What are the public policy
considerations in wage policies? State the practical difficulties, if any,
translating the lofty ideals into action.
2. Discuss the role played by the
International Labour Organisation on the following:
(i) Wage Fixing Machinery
(ii) Protection of Wages
(iii) Equal pay for equal work.
3. (i)What do you understand by the
concept of wages; explain the concept of basic wage through examples?
(ii)Why dearness allowance is an integral
part of pay packet, explain how is it administered?
4. "Suppose your organisation's
recently completed compensation survey showed that pay rates of several jobs
were either less than what they should be. How do you bring these jobs
"into line"?
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