Compensation System Design MCQs Quiz Online PDF Download

Learn compensation system design MCQs, HRM test for online learning courses, test prep to practice test. Compensation strategies and practices MCQs, compensation system design multiple choice questions and answers, pay fairness perceptions, pay systems legal constraints, pay increase issues, compensation system design tutorials for online HRMS courses distance learning.

Human resource management practice test MCQ: 'compensation quartile strategy' in which 75% of employers pay below than market and remaining 25% pay compensations higher than market is called with options forth quartile strategy, third quartile strategy, second quartile strategy and first quartile strategy for online business manager interview questions and answers with BBA, MBA competitive exam tests. Free study guide is for online learning compensation system design quiz questions with MCQs to practice test questions with answers. Compensation System Design Video

MCQs on Compensation System Design Quiz PDF Download

MCQ: '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, variable pay of employee is

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

A

MCQ: 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, perks and bonuses are

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

C

MCQ: Compensation philosophy according to which organization increase salary of employees every year is called

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

B