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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Q. The types of compensation the employees get from organization after timely completion of work includes

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Q. According to compensation programs designed for employee, the variable pay other than base pay is classified as part of

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Q. According to compensation programs designed for employee, the variable pay other than base pay is classified as part ofThe employees to whom the overtime is must to be paid under the restriction of Fair Labor Standards Act are called

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Q. In piece rate systems, the method in which number of units produced are multiplied by piece rate per unit, is classified as

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Q. The compensation which is calculated as percentage of total revenue generated by the sales is classified as

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Q. The plan which gives the right to sell or buy the stock of the organization at fixed price for specific period of time is classified as

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Q. In sales incentives and compensation, the amount which is deducted from future commissions in advance is classified as

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Q. The non-cash benefits usually reserved for executives of organization are classified as

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Q. The employee stock options, deferred compensations and executive stock options are classified as techniques of

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Q. The system which is followed in organizations to distribute some portion from profits to all employees in organization is classified as

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Q. The amount of compensation which is linked to teams, individuals and organizational performance is classified as

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Q. The cost reduction, quality improvement and gain sharing are classified as techniques of

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Q. The objectives of using techniques of profit sharing to give incentive the employees include

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Q. The types of piece-rate systems include

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