Bangladesh University of Professionals

Compensation Management
Mid-Term Examination

 Answer should be hand written.

 After completing the exam please scan the script, convert it into PDF and send to the following e-
mail address (asstprof_sub@yahoo.com).
 For scanning, converting and sending the script to the given e-mail address you will get additional
20 minutes time.
 Exam time will start 7.40 and will end 8.40. After 9.0 pm no script will be accepted.

Answer ant 3 questions.

Time-60 Minutes Marks-20

1. Compensation management is all about developing a positive employment relationship

and psychological contract that adopts a total compensation approach which recognizes
that there are a number of ways in which people can be compensated. Do you agree with
this statement? Justify with an example.

2. Compensation practices of an organization should be fair, equitable and consistent. Do

you agree with this statement? Justify this statement based on an example from Ready-
made Garment (RMG) industry perspective.

3. Compensation practices of an organization should be linked with the business goal as

well as horizontally correlated with other dimensions of HR practices. Justify this
statement with an example.

4. Understanding compensation professionals’ goals requires knowing the role of HR within

companies and specific HR practices, particularly how HR professionals fit into the
corporate hierarchy and how the compensation function fits into HR departments. Do you
agree? Justify with an example.