DEVELOPERS Ltd. is a newly set up startup operating in education technology. Company is in the process of establishing a compensation system. You are hired as an HR Consultant for the same. Your first task is to recommend a pay structure for the employees |
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NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Compensation & Benefits
Internal Assignment Applicable for December 2020 Examination
1. DEVELOPERS Ltd. is a newly set up startup operating in education technology.
Company is in the process of establishing a compensation system. You are hired as an
HR Consultant for the same. Your first task is to recommend a pay structure for the
employees working for the start up. What components will form a part of pay structure
for this start up?
2. WESTEROS Automobiles Ltd. is a leading two wheeler manufacturing company of
India. The company is planning its international expansion in African continent. It has
decided to start its operations in Nigeria. You are heading the HR Function in this new
project and you are told by the company Directors to undertake a compensation survey
in Nigeria so that important compensation can be made in the company. Discuss the
process that you will follow to conduct compensation survey in Nigeria? (10 Marks)
3. INFOTECH is a well-known IT Company in India since 1995. Off late the company is
facing a problem of high employee turnover. To address this issue, company is
considering few employee retention strategies. In this background, answer the
following:
a. Explain how will you convince the management to start the ESOPs? (5 Marks)
b. Explain how will you convince management to start deferred pay outs? (5 Marks)