Finance for HR professionals question bank- Nov 2016

Finance for HR

Unit 1

1. What are the objectives of compensation
2. What are the types of compensation
3. What are the factors affecting compensation
4. What are the popular models for compensation
5. What are the benefits of compensation
6. What are the factors to be considered while designing a compensation structure
7. How to design a compensation system

Unit 2

1. Elaborate with examples some modern methods of incentive plans
2. What are the prerequisites for any incentive plan
3. What are the factors causing wage differentials
4. What are the types of wage differentials
5. Explain the wage fund theory and Marginal productivity theory

Unit 3

1. Explain compensation structures to Team, CEO, Expatriates,
2. What are the objectives of HRA
3. Elaborate HRCA
4. Elaborate HRVA
5. Explain the cafeteria approach
6. Explain broad banding
7. How to write a golden parachute agreement

Unit 4

1. Highlight the importance of payment of bonus act
2. Highlight the importance of provident fund act
3. What are the objectives of a sound wage policy
4. What are the key challenges that are faced by companies regarding compensation
5. What are the ethical concerns in compensation management
6. Elaborate the COBRA requirement
7. Explain how is compensation managed in merger and acquisition scenario

Text books recommended

1. Vipul Publications

For any further clarifications, please whatsapp Prof Vipin Saboo on 9820779873

Source:- Vipin Saboo Tutorials