Solved NMIMS April,May 2023 MBA assignments-Which components of salary structure you would consider in the Indian context? Will you be using Incentive schemes and fringe benefits to reduce attrition If yes, then why
Solved NMIMS April,May 2023 MBA assignments-Which components of salary structure you would consider in the Indian context? Will you be using Incentive schemes and fringe benefits to reduce attrition If yes, then why
Human Resource Management
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“Bubble systems” is a new Fashion product company in Mumbai. The management plans to open new branches pan India so they want to create a dynamic human resource department for managing employee functions. You have been appointed as their HR Head. Explain to the top management, what will be the importance of your department in this expansion. Give some examples in the context of this company. (10 Marks)
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You are working in the e-commerce start-up company “Hi-five”, you are an HR personnel and have to hire from the external recruitment process for the following new positions :
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Lead Analyst, b. Supply chain Manager, c. Big data Analyst, d. Associate Consultant, e. Customer service Associates. Design the full Job Description for all 5 positions which will be posted on social media channels or will get printed in newspapers. (10 Marks)
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A pharmaceutical company acquires new foreign business and realized the fact that an equitable compensation policy is to be implemented soon. The company wishes to bring equality to all businesses globally and want to provide competitive salary to its employees. They hire you as an HR consultant for this purpose.
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Suggest what features you would consider while designing an effective compensation program and explain with a few examples. (5 Marks)
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Which components of salary structure you would consider in the Indian context? Will you be using Incentive schemes and fringe benefits to reduce attrition? If yes, then why? (5 Marks)
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