1. Define compensation. Describe the compensation programme in your organization or any organization you are familiar with. Explain how compensation programme is useful in improving employee performance. Briefly describe the organization you are referring to.
2. Define Wages under Various Labour legislation. Explain the norms for fixation of wages in your organization or any organization you are familiar with. Briefly describe the organization you are referring to.
3. Describe the concept of fringe-benefits in your organization or any organization you are familiar with. Discuss how fringe-benefits are linked to social security. Briefly describe the organization you are referring to.
4. Explain the concept of pay-packet composition. Why is dearness allowance an integral part of pay-packet. Explain how it is administered with reference to your organization or any organization you are familiar with. Briefly describe the organization you are referring to.
5. Explain different types of incentive systems. Discuss, the incentive scheme being followed in your organization or any organization you are familiar with. Highlight the advantages and limitations of this scheme. Briefly describe the organization you are referring to.