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Performance And Reward Management B(Hrmg 046) Question Paper

Performance And Reward Management B(Hrmg 046)

Course:Business Administration

Institution: Kenya Methodist University question papers

Exam Year:2013

TIME: 2 HOURS
INSTRUCTIONS
Answer question one and any other two questions
Question One
Define performance management
(2 Marks)
Distinguish the difference between total reward and total remuneration.
(2 marks)
Explain five key benefits offered by an organization
(10 marks)
Define reward management
(4 marks)
Highlight six elements covered by a reward policy
(12 Marks)

Question Two
Define the terms reward strategy and reward policy
(4 marks)
Highlight two methods of performance related pay and explain the advantages and disadvantages of each.
(16 marks)

Question Three
Explain the external factors that would affect total remuneration package.
(10 marks)
Briefly explain internal factors that affect total remuneration package
(10 marks)

Question Four
Define the term job evaluation
(2 Marks)
Explain the following techniques of performing job evaluation
Non analytical method
(8 marks)
Analytical method
(10 Marks)

Question Five
Identify and explain two methods of performance appraisal giving advantages and disadvantages of each (20 marks)

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