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Department of Business Administration

St. Joseph Engineering College, Vamanjoor, Mangalore


Fourth Semester M.B.A- Third Sessional Examination-June, 2010
08MBAHR415 : Recruitment,Selection&Compensation Management

[Time: 1 hr 30 minutes] [Max. Marks: 50]

1.a Salary Compression


Inequity in employee pay occurring when the range of pay between the highest- and
lowest-paid employees is unfairly small compared to their range of skills and
experience.

Components of job description


• Title
• Job summary
• Job tasks, responsibilities, and authorities
• Job qualifications
• Supervision
• Working conditions
• Salary and benefits
• Duties or responsibilities of the job

group incentive
"An incentive program can play a significant role in motivating staff to achieve organizational goals."
Group incentive plans have a number of advantages over other payment structures. They encourage
cooperation within a team because pay is tied to achieving a result that takes a group to accomplish.
They cultivate managerial skills within a team, skills that can be translated to other teams or the
organization as the whole as the market or the teams change.

Group incentive plans are useful when there are no clearly defined individual goals that act as the basis
for individual incentive plans. For example, for salespeople, individual incentive plans might fit well
because their performance can be tied directly to the number of sales they make in a given period; but
in an environment in which more of the employees aren't salespeople--such as a creative agency, where
each employee has a specific set of skills that is hard to compare and fits within a larger scheme--
individual incentive plans aren't as appropriate.

Definition of interview
An interview is a conversation between two or more people (the interviewer and the interviewee)
where questions are asked by the interviewer to obtain information from the interviewee.