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Note – Answer all questions. Kindly note that answers for 10 marks questions should be
approximately of 400 words. Each question is followed by evaluation scheme.
3 What is retention? Explain why retention is important. List the keys to strong
retention.
Define retention. 2 10
Explain the importance of retention 6
List the keys to strong retention 2
4 Explain the key Compensation principles. What do you mean by Total rewards?
Describe the elements of Total rewards
Explaining the key compensation principles 3 10
Definition of Total rewards 2
Explaining the elements of Total rewards 5