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Cam 209-H Compensation Management Question Paper

Cam 209-H Compensation Management

Course:Bachelor Of Commerce

Institution: Kca University question papers

Exam Year:2011

1
UNIVERSITY EXAMINATIONS: 2011/2012
YEAR 2 EXAMINATION FOR THE BACHELOR OF COMMERCE
CAM 209-H COMPENSATION MANAGEMENT (Sunday)
DATE: APRIL 2012 TIME: 2 HOURS
INSTRUCTIONS: Answer Question One and Any other Two Questions
QUESTION ONE
a) When determining compensation, benefits are as important as basic pay. Outline the issues you
would handle as a Benefits Manager. [10Marks]
b) In determining factors that influence external competitors, labour market factors come into play.
Describe how labour markets work. [10Marks]
c) Different people perceive compensation differently.
i) Explain how different categories of people perceive compensation. [6Marks]
ii) Describe how managers view compensation. [4Marks]
QUESTION TWO
As a Human Resources Manager, you are required to come up with compensation policy decisions.
Outline four decisions you would suggest. [20Marks]
QUESTION THREE
a) You are the Training Manager of Mulachake Investments Ltd. Prepare notes to explain to the HR
staff what Job-evaluation is and its purposes. [8Marks]
b) Compensation or pay may be received directly or indirectly. Describe different forms of pay.
[12Marks]
2
QUESTION FOUR
a) Pay structures range from egalitarian at one end to hierarchical at the other. Contrast the two
structures i.e. egalitarian with hierarchical. [10Marks]
b) Benefits are important element of compensation. Describe the benefits planning process
[10Marks]
QUESTION FIVE
As Human Resources Director, you have been asked to discuss major decisions in Job Evaluation.
Prepare notes on:
a) Single versus Multiple plans [10Marks]
b) Two ways of ranking that exist [10Marks]

Cam 209-H Compensation Management Question Paper

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