MBA Human Resource Management MCQs - Chapter 1

Compensation Strategies and Practices Trivia Questions and Answers PDF - 8

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Compensation Strategies & Practices Questions & Answers PDF Download: MCQ Quiz 8

MCQ 36: The compensation quartile strategy in which 50% of employers pays below than market and remaining pays compensations higher than market is called

second quartile strategy
first quartile strategy
forth quartile strategy
third quartile strategy

MCQ 37: The jobs in organization that require similar knowledge, abilities and skills and are performed by individuals having similar duties are classified as

benchmark job
job promotion structure
compensable evaluation
job evaluation

MCQ 38: The employees to whom the overtime is not paid under the restriction of Fair Labor Standards Act are called

exempt employees
non-exempt employees
salaried exempt employees
salaried nonexempt employees

MCQ 39: The type of rewards employees get in the form of monetary or non-monetary benefits are classified as

extrinsic rewards
leniency rewards
primacy rewards
intrinsic rewards

MCQ 40: The compensation philosophy according to which compensations are not paid according to span of service, but considering performance level is called

performance orientation philosophy
recency orientation philosophy
primacy orientation philosophy
entitlement orientation philosophy

MBA Human Resource Management Mock Tests

Human Resources Jobs MCQs

Union Relationship Management MCQs

Employee Rights and Discipline MCQs

Legal Framework: Equal Employment MCQs

Globalization HR Management MCQs

HR Careers and Development MCQs

Compensation Strategies and Practices MCQs

Labor Markets Recruiting MCQs

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