Compensation System Design MCQs & Quiz Online PDF Download

Compensation system design MCQs, compensation system design quiz answers pdf to study human resources course online. Learn compensation strategies and practices Multiple Choice Questions and Answers (MCQs), "compensation system design" quiz questions and answers for best MBA programs. Learn base pay system development, compensation system design, pay systems legal constraints test prep for master's degree in business administration.

"The 'compensation quartile strategy' in which 75% of employers pay below than market and remaining 25% pay compensations higher than market is called" Multiple Choice Questions (MCQ) on compensation system design with choices forth quartile strategy, third quartile strategy, second quartile strategy, and first quartile strategy for best MBA programs. Practice merit scholarships assessment test, online learning compensation system design quiz questions, competitive exams in business majors for executive MBA. Compensation System Design Video

MCQs on Compensation System Design PDF Download

MCQ: The 'compensation quartile strategy' in which 75% of employers pay below than market and remaining 25% pay compensations higher than market is called

  1. forth quartile strategy
  2. third quartile strategy
  3. second quartile strategy
  4. first quartile strategy

B

MCQ: According to total rewards approach, the variable pay of the employee is

  1. added into base pay
  2. subtracted from base pay
  3. multiplied to base pay
  4. divided to base pay

A

MCQ: The outcomes of competency based system such as improved and higher employee satisfaction and commitment are classified as

  1. quartile strategy based outcome
  2. organization-related outcomes
  3. employee-related outcomes
  4. percentiles strategy outcomes

C

MCQ: According to traditional compensation approach, the perks and bonuses are

  1. for CEO only
  2. for all employees
  3. for executive only
  4. not for executives

C

MCQ: The compensation philosophy according to which the organization increase the salary of employees every year is called

  1. primacy orientation philosophy
  2. entitlement orientation philosophy
  3. performance orientation philosophy
  4. recency orientation philosophy

B