Q. The procedure of using less and more broad pay grades than the traditional system of compensation is classified as

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Q. The compensation philosophy according to which the organization increase the salary of employees every year is called

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Q. The employee who is paid less than the specified range for the job is classified as

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Q. The compensation quartile strategy in which employer of organization pays below than market compensations is called

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Q. The perceived fairness of all the procedures and process that are considered to make decisions about employees and their pay is called

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Q. The situation occur when creditor wants employer to pays off the debt by deducting portion of amount from wages of employees as ordered by law court is called

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Q. The multiple plans specifying business unit and family while giving compensation are considered in approach called

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

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

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Q. The employees to whom the overtime is not paid under the restriction of Fair Labor Standards Act are called

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Q. The type of rewards employees get in the form of monetary or non-monetary benefits are classified as

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

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Q. The perceived fairness that must be considered in outcomes of performance is classified as

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Q. The payments made to employees without taking hours for which they worked into consideration are called

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Q. If the mid-point is 20 and the current pay of an employee is $25 then the compa ratio is

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Q. The benefits offered in traditional compensation approach are usually

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Q. The outcomes of competency based pay system such as fewer bottlenecks, more workforce flexibility and increased effectiveness are classified as

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Q. The most common and usual form of direct compensation paid in organizations is

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Q. The type of rewards employees get in form of praise for successfully accomplishing goals or completing project is classified as

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Q. According to compensation programs, the benefits such as retirement pensions and life insurances are classified in the category of

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