NMIMS Compensation & Benefits Solved Assignments June 2024

Description

NMIMS Global Access
School for Continuing Education (NGA-SCE)
Course: Compensation & Benefits
Internal Assignment Applicable for April 2024 Examination
Assignment Marks: 30
Instructions:
 All Questions carry equal marks.
 All Questions are compulsory
 All answers to be explained in not more than 1000 words for question 1 and 2 and for question 3 in not more than 500 words for each subsection. Use relevant examples, illustrations as far as possible.
 All answers to be written individually. Discussion and group work is not advisable.
 Students are free to refer to any books/reference material/website/internet for attempting their assignments, but are not allowed to copy the matter as it is from the source of reference.
 Students should write the assignment in their own words. Copying of assignments from other students is not allowed
 Students should follow the following parameter for answering the assignment questions
Q1) ABC Metallurgicals Pvt Ltd is a medium scale manufacturer engaged in producing castings (big, medium & small) for the auto industry. It proposes to set-up a new plant in the vicinity of Pune, Maharashtra and their MD has approached you to design their Compensation structure. Explain briefly how you would proceed from the principles. (10 marks)

Q2) The M.D of a big hospital has approached you to solve the problem of manpower attrition. It seems that good people are being recruited but they are leaving after two or three years which is not only hampering service to patients but is also affecting the hospital’s reputation. He wants you to study the situation and recommend appropriate strategies. What will your strategy be to improve the situation in the hospital? (10 marks) Q3) Get-well hospitals is a reputed chain of hospitals in the southern part of the country and recently they have decided to open a branch in a city in Western India. As a first step they had advertised for the position of “Staff Nurses” with nursing qualification and adequate experience. From the numerous applicants they selected fifteen ladies from diverse background, w.r.t age, qualification, experience, attitude, physical fitness & communication skill. Q3a) The “Administrator” of that hospital wants you to design an appropriate scheme so that they can rank these ladies (from best to last) and give them the compensation befitting their worth to the orgn. Discuss the “scheme” that you would design to assess these ladies. Their requisite Job Description & Job Specification is given below. (5 marks) Q3b) You are requested to suggest how the selected persons can be compensated. (5 marks)
Job Description i) Monitor and record vital health parameters of indoor patients & communicate to attending doctor in case of any abnormalities ii) Provide proper medication to individual patients as per doctor’s advice iii) Accompanying Resident Doctor/Specialist on rounds and act on their advice iv) Maintain patient hygiene as well as in the hospital ward by directing cleaning staff v) Maintain liaison with Dietician regarding food for individual patients vi) Maintain liaison with Lab for doctor prescribed tests and place report to doctor vii) Be kind to patients, especially while dealing with elderly ones viii) Be always cautious to identify any life-threatening deterioration in patient’s health
Job Qualification
i) Must have appropriate “Nursing” qualifications & at least seven years of ward experience out of which three years should be in a big hospital. ii) Must be physically fit & quite agile to give effective care to each patient iii) Must be able to communicate in local language, English and preferably Hindi iv) Must have good knowledge about what emergency medicine to use in which situation. v) Should be having good behaviour & capable of providing emotional support vi) Should be having technical competence to computerize all medical records vii) Should be able to handle specialized medical equipment like ventilator, PAP

*****************************************************************************************************************88