Compensation System Design MCQs & Quiz Online PDF eBook Download

Compensation system design multiple choice questions (MCQs), compensation system design quiz answers for online human resources degree. Compensation strategies and practices MCQs, compensation system design quiz questions and answers for best MBA programs. Learn base pay system development, pay systems legal constraints, compensation system design test prep for master's degree in business administration.

Learn compensation strategies and practices MCQ: 'compensation quartile strategy' in which 75% of employers pay below than market and remaining 25% pay compensations higher than market is called, 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 eBook 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