Compensation Strategies and Practices Multiple Choice Questions and Answers 1 PDF Book Download

Compensation strategies and practices MCQs, compensation strategies and practices quiz answers to learn HRM quiz 1 for HR online courses. Practice compensation system design multiple choice questions (MCQs), compensation strategies and practices quiz questions and answers. Free e-learning tutorial on compensation system design, pay increase issues, pay systems legal constraints, pay fairness perceptions test prep for SPHR human resources.

Practice compensation strategies and practices career test with multiple choice question: 'compensation quartile strategy' in which 75% of employers pay below than market and remaining 25% pay compensations higher than market is called, for human resources degree programs with options third quartile strategy, forth quartile strategy, second quartile strategy, first quartile strategy for entry level HR careers. Professional skills assessment test with online learning compensation system design quiz questions with human resource management MCQs for SHRM certification. Compensation System Design Video

MCQ on Compensation Strategies & Practices Test 1Quiz 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