Compensation Strategies and Practices Multiple Choice Questions and Answers PDF Download

Compensation strategies and practices Multiple Choice Questions and Answers (MCQs), compensation strategies and practices quiz answers pdf 1, MBA human resources tests to study online certification courses. Learn compensation system design MCQs, "compensation strategies and practices" quiz questions and answers for admission and merit scholarships test. Learn compensation system design, pay increase issues, pay systems legal constraints, pay fairness perceptions career test for master's degree in business administration.

"The 'compensation quartile strategy' in which 75% of employers pay below than market and remaining 25% pay compensations higher than market is called" Multiple Choice Questions (MCQs) on compensation strategies and practices with choices third quartile strategy, forth quartile strategy, second quartile strategy, and first quartile strategy for best MBA programs. Practice jobs' assessment test, online learning compensation system design quiz questions for executive MBA. Compensation System Design Video

MCQs on Compensation Strategies & Practices Quiz 1 PDF Download

MCQ: The '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: The concept in which the 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: The 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: The 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: The key issues related to internal equity are

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

D