Compensation and Performance Management

In: Business and Management

Submitted By ryanbb
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SEGi MASTER OF BUSINESS ADMINISTRATION

…..EXAMINATION

SUBJECT: COMPENSATION AND PERFORMANCE MANAGEMENT
SUBJECT CODE: MGT6033
TIME ALLOWED: 3 HOURS
(9.00 AM – 12.00 PM)
DATE:

INSTRUCTIONS TO CANDIDATE:

ESSAY TYPE QUESTIONS Answer ANY FOUR (4) questions from the following SEVEN (7) questions.

QUESTION 1 1. Achieving external and internal fit are important requirements in the design of effective compensation systems.

a) Explain how analysis of the macroeconomic environment can help achieve ‘external fit’ in the compensation package ( 10 marks)

b) Discuss using suitable illustrations, the main benefits of internally aligned pay structure ( 15 marks)

(Total Marks = 25 marks)

QUESTION 2

Discuss the main features of the following compensation theories.

a) Compensating Differentials Theory ( 9 marks) b) Efficiency-wage theory ( 8 marks) c) Signaling ( 8 mark (Total Marks = 25 marks)

QUESTION 3

What are the main factors that need due consideration to ensure the design and delivery of an effective expatriate compensation package that addresses the national and regional differences within Multinational Corporations?

(Total Marks = 25 marks)

QUESTION 4

a)…...

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