Compensation Strategies and Practices Multiple Choice Questions 1 PDF Book Download

Compensation strategies and practices multiple choice questions (MCQs), compensation strategies and practices quiz answers, MBA HRM test prep 1 to learn online MBA courses for online classes. Compensation system design MCQs, compensation strategies and practices quiz questions and answers for admission and merit scholarships test. Practice compensation system design, pay increase issues, pay systems legal constraints, pay fairness perceptions career test for SHRM SPHR certification.

Learn compensation strategies and practices quizzes with multiple choice questions: 'compensation quartile strategy' in which 75% of employers pay below than market and remaining 25% pay compensations higher than market is called, with choices third quartile strategy, forth quartile strategy, second quartile strategy, and first quartile strategy for online associates degree business. Practice jobs' assessment test for online learning compensation system design quiz questions with human resource management MCQs for human resources certification programs. Compensation System Design Video

MCQs on Compensation Strategies & Practices Test 1 PDF Book 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: Concept in which 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 the above

D

MCQ: Factors such as earnings level, discretionary authority and percentage of spent time in manual work are factors that must be held to define

  1. overtime pay status
  2. exempt status
  3. non-exempt status
  4. distributive status

C

MCQ: Perceived fairness between what person receives and what person did is classified as

  1. procedural justice
  2. distributive justice
  3. recency justice
  4. equity

D

MCQ: Key issues related to internal equity are

  1. distributive justice
  2. procedural justice
  3. primacy justice
  4. both A and B

D