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IGNOU MMPH 007 Solved Assignment 2025-26 PDF Download Details

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Course Code	MMPH 007
Course Title	COMPENSATION AND REWARDS MANAGEMENT
Session	July 2025 – January 2026
Medium	NA
Assignment Code	MMPH-007/TMA/JULY/2025

IGNOU MMPH 007 Solved Assignment 2025-26 Question Paper

MMPH 007 : COMPENSATION AND REWARDS MANAGEMENT

1. What are the public policy considerations in wage policies, state the practical difficulties, if any, in translating the lofty ideals into actions.

2. Delineate the major functions of the compensation programme. What is the overall objective of a compensation policy?

3. How minimum wage differs from need based minimum wage? What are the factors that are to be taken into account while fixing the minimum wage?

4. Write down the procedure of Job Evaluation. Explain the various methods of systems of Job Evaluation. Also write advantages and disadvantages of any two.

5. Why is VRS considered a soft option? How does it help overcome the legal hurdles in downsizing employee strength? Discuss how can a company go about VRS?

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