1. Write a note on the corporate compensation policy citing suitable examples. Discuss the issues and current trends in compensation policy.
2. Explain the objectives and importance of compensation survey and pay commission. Keeping in light the forthcoming pay commission, give your suggestions for incorporation in the same.
3. Describe the various individual and group incentive plans. Bring out the salient features of the incentive schemes followed in the Indian industries and their respective merits and demerits.
4. What are the international labour standards on: a) minimum wages, b) Protection of wages and c) equal pay for equal work?
5. Discuss the concept of competency-based compensation. Explain how it is carried out in an organisation that you are familiar with. Describe the organisation you one referring to.