Compensation System Design MCQs Quiz Online PDF Download

Learn compensation system design MCQs, HRM test for online courses learning and test prep to practice. Compensation strategies and practices quiz has multiple choice questions (MCQ), compensation system design quiz questions and answers to learn for distance learning MBA exam preparation.

MBA HRM practice test MCQ on '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 problem solving skills for viva, competitive exam prep, interview questions with answer key. Free study guide is for online learning compensation system design quiz 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