Pay Increase Issues MCQs Quiz Online PDF Download

Practice pay increase issues MCQs, HRM MCQ test for online learning. Compensation strategies and practices quiz has multiple choice questions (MCQ), pay increase issues quiz questions and answers to practice as concept in which whole or part of yearly pay increase is paid as single payment is called, answer key help with choices as consumer price index adjustment, lump sum increase, cost of living adjustment and all of above problem solving for viva, competitive exam preparation, interview questions. Free study guide is for online learning pay increase issues quiz with MCQs to practice test questions with answers. Pay Increase Issues Video

MCQs on Pay Increase Issues Quiz PDF Download

MCQ. The concept in which the whole or part of yearly pay increase is paid as single payment is called

  1. consumer price index adjustment
  2. lump sum increase
  3. cost of living adjustment
  4. all of above

D

MCQ. The ratio in which the pay level is divided by the pay range midpoint is classified as

  1. primacy ratio
  2. regression ratio
  3. matrix ratio
  4. Compa-ratio

D

MCQ. The time spent in organization while performing the particular job is classified as

  1. seniority
  2. career maturity
  3. career equity
  4. non-equity

A

MCQ. The curve which is used to represent relationship between pay rate and experience is classified as

  1. equity curve
  2. maturity curve
  3. experience curve
  4. seniority curve

B

MCQ. If the mid-point is 20 and the current pay of an employee is $25 then the compo ratio is

  1. 75
  2. 225
  3. 125
  4. 25

C