NATIONAL OPEN UNIVERSITY OF NIGERIA

UNIVERSITY VILLAGE, PLOT 91, CASDASTRAL ZONE, NNAMDI AZIKIWE EXPRESS WAY, JABI, ABUJA.
FACULTY OF MANAGEMENT SCIENCES
JANUARY 2021 EXAMINATION

COURSE CODE: BUS 818

COURSE TITLE: REWARD AND COMPENSATION MANAGEMENT

CREDIT UNIT: 2

Instructions:1. Indicate your Matriculation Number clearly

2. Attempt Question 1 and any other 2 questions; Three(3) questions in all

3. Question 1 is compulsory and carries 30 marks, while the other questions carry 20 marks each

4. Present all your points in coherent and orderly manner.

TIME ALLOWED: 2 Hours

1.a. Discuss Performance Management in terms of:

i. Skills development

ii. Job engagement

iii. Non-Financial Motivation and

iv. Career planning. (12 marks)

b. Elucidate Adam’s Equity theory in full. (8 marks)

c. Give a full account of what the reward system of an organization should consist of. (10 marks)

2.a. Explain the Components of direct compensation (11 marks)

b. Enumerate ways by which the aims of Reward Management can be achieved. (9 marks)

3. Write Short notes on the following:

a. Distributive Justice.

b. Contingent pay.

c. Expectancy theory

d. Analytical Job Evaluation

4.a. Outline the Theories of Motivation (10 marks)

b. What does job Analysis imply? Explain Job analysis in terms of job description, job position and job worth (10 marks)